The latest update for reporting anti-redlining lending data is now available, the umbrella group for federal financial institution regulators said Thursday.
According to the Federal Financial Institutions Examination Council (FFIEC), version 2022 of the data entry software (DES) for the calendar year 2022 Community Reinvestment Act (CRA) data due March 1, 2023, is now obtainable.
Each software version is year-specific (i.e. 2021 reporting requires 2021 CRA DES and not 2022 CRA DES), the council specified.
The software must be installed locally on a hard disk; it is not network-compatible, the FFIEC warned.