Tag : CRA

Modernizing The Community Reinvestment Act

After nearly 41 years, the federal government’s method for measuring a financial institution’s community investment efforts may be modernized. What should change is the very question the Office of the Comptroller of the Currency (OCC) posed in its Advanced Notice of Proposed Rulemaking.

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What to Know About the Recent Census File Release

The CFPB/FFIEC's recent census file release for 2017 HMDA/CRA submission and analytics resulted in numerous data changes. Here's what you need to know. Unlike previous years, the 2011-2015 ACS Survey base data file has resulted in numerous data changes. This updated file...

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The Five Things You Need to Know About Redlining
 But Were Afraid To Ask

Everything you need to know about what’s new in redlining in less than 10 minutes.

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The 4 Fundamentals of Mortgage Redlining Reviews

While redlining has long faced regulator scrutiny and been steadfastly discouraged, the threat of major consequences for redlining has reached a level of serious concern for modern financial services institutions.

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4 Ways To Overcome Fair Lending Obsolescence

Regulatory exams and intense scrutiny present challenges for lenders as they work to properly execute fair lending compliance. Regulators' intense focus, the difficulty of effectively collecting and analyzing the right data in a timely manner, and unclear standards make fair lending compliance burdensome and complicated.

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