Lending Test News Today

I have written a number of articles about the new CRA and the problems its requirements will impose on banks. But there are also problems posed by what the new Rule omits.

On October 24, 2023, the Board of Governors of the Federal Reserve Board, the Office of the Comptroller of the Currency, and the Federal Deposit Insurance Corporation (collectively, the Agencies) approved long-awaited...

On October 24, 2023, the Board of Governors of the Federal Reserve Board, the Office of the Comptroller of the Currency, and the Federal Deposit Insurance Corporation (collectively, the...

The Consumer Financial Protection Bureau (CFPB) released a proposed rule to accelerate a shift toward open banking; the Board of Governors of the Federal Reserve Board (Federal Reserve)...

For more than two decades the bank has earned outstanding performance results in its evaluation by the Office of the Comptroller of the Currency (OCC)...

On May 5, 2022, the US banking regulators proposed revisions to the regulations implementing the Community Reinvestment Act (the "Proposal").