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OCC issues proposal on CRA general performance standards

OCC issues proposal on CRA general performance standards The OCC issued a proposed rule on Community Reinvestment Act general performance standards with a 60-day comment period. The OCC issued a...

Nov 25, 2020
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Article
Compliance Community Reinvestment Act (CRA)

FHFA raises conforming loan limits for 2021

FHFA raises conforming loan limits for 2021 The Federal Housing Finance Agency increased the maximum conforming loan limits for mortgages acquired by Fannie Mae and Freddie Mac in 2021. The Federal...

Nov 25, 2020
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Article
Mortgage Rules

Bills would address EIDL-PPP conflict

Bills would address EIDL-PPP conflict ICBA recently expressed strong support for House and Senate legislation that would restore forgiveness for Economic Injury Disaster Loan Advance recipients who...

Nov 25, 2020
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Article
Advocacy Crisis Preparedness

CFPB updates HMDA filing guide

CFPB updates HMDA filing guide The Consumer Financial Protection Bureau released an update to its Filing Instructions Guide for HMDA data collected in 2021 and reported in 2022. The Consumer...

Nov 24, 2020
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Article
Consumer Financial Protection Bureau (CFPB) Compliance