CFPB Monitor

NOVEMBER 21, 2016

On December 1, 2016, the FDIC will co-host an interagency webinar that will focus on Military Lending Act regulations and the Department of Defense’s recently-released interpretive rule.

FDIC 60

FDIC Lending Regulation 60

CFPB Monitor

DECEMBER 19, 2019

The OCC and FDIC have issued a joint proposal to revise their regulations implementing the Community Reinvestment Act (CRA). Although the Federal Reserve, OCC and FDIC, are the primary CRA regulators, the Fed did not join the proposal and presumably will issue a separate proposal. On January 29, 2020, from 12 p.m. Our thoughts.

FDIC 78

FDIC Regulation Community Retail 78

CFPB Monitor

DECEMBER 28, 2023

On October 24, 2023, the OCC, FDIC and Board of Governors of the Federal Reserve System jointly adopted final amendments to their regulations implementing the Community Reinvestment Act of 1977 (CRA). In this episode, which repurposes a webinar, we are joined by guest speaker Kenneth H. Thomas, Ph.D.,

Community 78

Community FDIC Regulation System 78

CFPB Monitor

DECEMBER 27, 2019

The Notice of Proposed Rulemaking was issued only by the OCC and the FDIC. If the OCC and FDIC move forward without agreement from the Federal Reserve, different banks could be faced with wildly different CRA regimes. ET, Ballard Spahr will hold a webinar, “The FDIC’s and OCC’s Proposed CRA Reform: What You Need to Know.”

FDIC 117

FDIC Community Groups Regulation 117

Abrigo

DECEMBER 22, 2023

You might also like this webinar, "Unraveling risk rating: Making sense of your best early warning tool." Effective CECL model validation: A framework During a 2023 Abrigo webinar, about two-thirds of participants said their financial institutions had a model risk management process in place, as well as an inventory of models.

Risk Management 221

Risk Management Regulation Management Lending 221

CFPB Monitor

NOVEMBER 10, 2016

On November 9, 2016, the Federal Reserve hosted a webinar on overdraft practices. The CFPB was represented by Victoria Pawelski, Counsel, Supervision Policy, Supervision, Enforcement and Fair Lending. In addition to a CFPB representative, the presenters included representatives from the Fed, FDIC, OCC and NCUA.

FDIC 76

FDIC Policies Lending Report 76

Abrigo

JUNE 28, 2024

You might also like this on-demand webinar, "Navigating uncertain times: Strategies for effective risk management and compliance." It is the first in a series of blogs on navigating the uncertain times bankers find themselves in, drawing on insights from industry experts at a recent Abrigo webinar on risk management.

Community Bank 195

Community Bank Strategy Community Management 195

Abrigo

APRIL 21, 2020

Key Takeaways Financial institutions have 10 calendar days to disburse PPP loans To address financial institutions’ liquidity and leverage concerns, regulators have helped to facilitate lending. To address financial institutions’ liquidity and leverage concerns, regulators have helped to facilitate lending. How to fund PPP loans.

Lending 195

Lending Capital Minnesota FDIC 195

CFPB Monitor

JUNE 29, 2020

The FDIC has issued its widely anticipated final rule resolving the uncertainty caused by the Second Circuit’s Madden v. Although the press release accompanying the FDIC’s final rule states that the “FDIC’s action mirrors” the OCC final rule, the two final rules are not identical in every respect. Midland Funding decision.

FDIC 60

FDIC National Analysis Regulation 60

Abrigo

AUGUST 8, 2021

The Federal Reserve, the OCC, the NCUA, and the FDIC repeatedly pointed out that the nature of loan review or credit risk review at a given bank or credit union will vary. Larger or more complex institutions might have credit risk review functions entirely separate from their lending functions. Reviewing lending staff’s risk ratings.

System 195

System Lending Policies Regulation 195

Abrigo

SEPTEMBER 5, 2023

You might also like these on-demand webinars on tackling common credit risk questions. unsecured lending is bad rather than unsecured lending should only be extended to high pass risk rated credit). As the FDIC said recently: Exceptions to policy should be few in number and properly justified, approved, and tracked.

Policies 195

Policies Lending Risk Management Examples 195

Abrigo

MARCH 2, 2023

Community banks and the entire banking industry face downside risks from inflation, rising market interest rates, and continued geopolitical uncertainty, the FDIC said recently in its quarterly report. Perhaps executives think delaying or cutting spending on technology to make lending more efficient will affect only their staff.

Technology 195

Technology Lending Community Software 195

Abrigo

OCTOBER 28, 2022

Overall, FDIC-insured commercial banks and savings institutions aren’t seeing dramatic increases in net charge-offs ( Chart 1 ) or rates related to declining asset quality ( Chart 2 ), such as past-due rates and rates for non-current loans. Watch webinar. watch webinar. Construction Lending. Lending & Credit Risk.

Management 195

Management Risk Management Policies Lending 195

CFPB Monitor

JUNE 12, 2020

Marlette Funding, LLC et al , arises from an enforcement action filed in 2017 by Colorado’s UCCC Administrator challenging a bank-model lending program involving a New Jersey state-chartered bank. Rather, the decision acknowledges that both the OCC and FDIC had issued proposals rejecting Madden. On June 19, 2020, from 12:00 p.m.

Colorado 78

Colorado FDIC Analysis National 78

Abrigo

JULY 20, 2021

From leveraging PPP technology to building relationships, reasons for boosting SBA lending are numerous. . Takeaway 2 Far fewer financial institutions regularly participate in SBA (7a) lending than the more than 5,000 that joined the PPP. . Why SBA Lending? Want other articles like this on SBA loan origination in your inbox?

Lending 195

Lending FDIC Capital Risk Management 195

Abrigo

JANUARY 8, 2016

The GAO acknowledged that community banks, credit unions and their professional industry associations reported increased compliance burdens and reduced activity in specific business activities, such as certain mortgage lending, as a result of Dodd-Frank. For more help dealing with regulatory challenges, visit Sageworks’ resources section.

Regulation 150

Regulation FDIC Survey Community Bank 150

Abrigo

NOVEMBER 11, 2019

Bankers since the financial crisis have become accustomed to seeing language like the following: “The FDIC is re-emphasizing the importance of prudent interest rate risk oversight and risk management processes to ensure FDIC-supervised institutions are prepared for a period of rising interest rates.” FDIC FIL-46-2013 October 8, 2013.

Management 150

Management FDIC Community Risk Management 150

Abrigo

MAY 5, 2022

We have webinars , whitepapers , and other resources to make your job easier. Sometimes 20 minutes, sometimes 50 minutes, this podcast digs into such topics as creating branch experiences that go hand-in-hand with digital ones, identifying risk, and consumer lending. Lending & Credit Risk. Lending & Credit Risk.

Community 195

Community Lending Maine Resources 195

Abrigo

MARCH 13, 2023

Historic collapse SVB is different from other financial institutions The FDIC closure and assumption of Silicon Valley Bank (SVB) – the largest bank failure since 2008 – is a stark reminder that when a crisis occurs, it can spread as fast as a wildfire in dry fields with a strong wind. Do you get that from your deposit analysis ?

Strategy 195

Strategy Lending Security Analysis 195

Abrigo

JULY 25, 2017

In a recent Sageworks webinar Robert Ashbaugh, senior risk management consultant at Sageworks, discusses High Volatility Commercial Real Estate (HVCRE) lending best practices. That 13% represented 80% of the losses to the FDIC insurance fund. How did we get here?

Risk Management 150

Risk Management Management Capital Lending 150

Abrigo

DECEMBER 13, 2019

To avoid this inconsistent, “wild west” mentality on rates and returns and create a more reliable process with more money to lend out, then institutions must strategically price to earn a specific loan return on equity (ROE) and/or return on assets (ROA). Lending & Credit Risk. Lending Regulation. Are accounts growing?

How To 195

How To Lending Strategy Regulation 195

CFPB Monitor

FEBRUARY 23, 2022

The agencies consist of the CFPB, FDIC, OCC, Federal Reserve Board, NCUA, HUD, DOJ, and FHFA. Two leaders of the CFPB’s Fair Lending Office recently published an article advocating for broader use of SPCPs by creditors and calling SPCPs a “central priority” for the CFPB’s efforts to address racial equity.

Regulation 78

Regulation Lending Compliance FDIC 78

CFPB Monitor

SEPTEMBER 8, 2016

The Department of Defense (DoD) has issued an interpretive rule to assist the industry in complying with its July 2015 final rule amending the Military Lending Act’s implementing regulation. ET, Ballard Spahr attorneys will hold a webinar on the interpretive rule: “The DoD’s 11th Hour Interpretive Rule For New MLA Rules.”

Compliance 60

Compliance FDIC Security Regulation 60

CFPB Monitor

SEPTEMBER 10, 2020

Because CCBank is a state-chartered FDIC-insured bank located in Utah, Section 27(a) of the Federal Deposit Insurance Act authorizes CCBank to charge interest on its loans, including loans to California residents, at a rate allowed by Utah law regardless of any California law imposing a lower interest rate limit. to 4:30 p.m.

Utah 78

Utah California FDIC West Virginia 78

Abrigo

MARCH 17, 2022

The Federal Reserve Board, OCC, and FDIC provided two hypothetical scenarios: baseline and severely adverse. With most institutions being tied directly to either 1-4 family lending or commercial real estate lending, the scenarios outlined here would result in dire circumstances for many community financial institutions.

Capital 195

Capital Regulation Risk Management Community 195

CFPB Monitor

JANUARY 6, 2020

ET, Ballard Spahr will hold a webinar on the CRA proposal. Click here to register.).

Mobile 78

Mobile FDIC Payments Community 78

Abrigo

NOVEMBER 29, 2021

You might also like this webinar: "Is inflation the big gift to your 2022 earnings?". Financial institutions generate most of their income by lending and investment activities. Noninterest income drove 20% of community banks' net operating revenue in 2019, down from 22% in 2012, according to a recent FDIC study.

Community Bank 195

Community Bank Community FDIC Trends 195

Abrigo

NOVEMBER 9, 2022

Banks and credit unions will undoubtedly need to update CECL models and operational aspects of allowance calculations as the lending, risk, and regulatory environments change. Banks regulated by the Federal Reserve, the OCC, or the FDIC made up the bulk of institutions represented by survey-takers (73%). Lending & Credit Risk.

Survey 195

Survey Software Resources Meeting 195

CFPB Monitor

JUNE 15, 2020

According to the agency’s press release , the final rule is designed to increase CRA-related lending, investment and services in low- and moderate-income (“LMI”) communities where there is significant need for credit, responsible lending, and greater access to banking services. On June 22, 2020, from 12:00 p.m. to 1:00 p.m.

Community 60

Community FDIC Lending Examples 60

CFPB Monitor

NOVEMBER 13, 2023

On October 24, 2023, the Board of Governors of the Federal Reserve System, the Federal Deposit Insurance Corporation, and the Office of the Comptroller of the Currency issued a final rule amending their regulations implementing the Community Reinvestment Act (“CRA”) (the “Final Rule”).

Community 78

Community Regulation System FDIC 78

Abrigo

NOVEMBER 22, 2021

Consumer Lending Laws & Compliance Financial institutions offering consumer loans need to know about these major consumer lending laws and recent compliance issues. You might also like this webinar, "Consumer Lending 101.". Consumer lending compliance spotlight. Pandemic Issues.

Compliance 195

Compliance Lending Risk Management Regulation 195

CFPB Monitor

MAY 7, 2020

The CFPB’s annual fair lending report covering its 2019 activities is scheduled to be published in tomorrow’s Federal Register. The Bureau states that an area of innovation that it is monitoring for fair lending and credit access issues is “artificial intelligence (AI), and more specifically, machine learning (ML), a subset of AI.”

Lending 78

Lending Report FDIC Policies 78

Abrigo

SEPTEMBER 14, 2022

You might also like this webinar: "Fortify Your Loan Policy to Effectively Manage Credit Risk." The data is intended to help the CFPB enforce fair lending laws and could also be used by the government and small business lenders to identify the needs of businesses, said Michelle Lucci, Abrigo Regulatory Compliance Manager.

Lending 195

Lending Data Regulation Community 195

CFPB Monitor

JULY 6, 2020

The Economic Growth, Regulatory Relief, and Consumer Protection Act directs the CFPB to implement an exemption from the mandatory escrow account requirement for higher-priced mortgage loans under the Truth in Lending Act and Regulation Z for certain insured credit unions and insured depository institutions.

Regulation 78

Regulation Policies FDIC Lending 78

CFPB Monitor

OCTOBER 19, 2020

For our webinar last week, “What a Blue Wave in the November 2020 Elections Could Mean for the Consumer Financial Services Industry,” we were joined by special guest Isaac Boltansky, Director of Policy Research at Compass Point Research & Trading.

Leadership 78

Leadership FDIC Exercises Lending 78