Meeting: FFIEC Appraisal Subcommittee
The ASC will hold a Special Meeting on Tuesday, July 9th at 10:00 a.m. to consider the Temporary Waiver Request submitted by North Dakota. The Meeting will be held at 1100 New York Ave NW, Suite 200 […]
FFIEC
FDIC
2019 list of CRA-eligible geographies released by banking agencies
The 2019 list of distressed or underserved nonmetropolitan middle-income geographies where banks’ revitalization or stabilization activities can receive Community Reinvestment Act (CRA) consideration under the “community development” definition was released Monday by federal banking regulators. […]
CFPB
Regulators considering ‘joint data intake’ system for streamlining exams, bureau leader says
Federal financial institution regulators are working on a “joint data intake system,” the director of the federal consumer financial protection told a group of bankers Tuesday, as the agency looks for ways to streamline its […]
Other
Appraisal panel meets July 9 on ND waiver request
A temporary request from federal real estate appraiser requirements for transactions in North Dakota will be taken up in a special meeting July 9 of the Federal Financial Institutions Examination Council (FFIEC) Appraisal Subcommittee (ASC). […]
Other
5-year waiver of real estate appraiser credentialing requirements backed by ND governor, bank/credit union supervisors
At least a five-year waiver of federal appraiser requirements for residential and commercial real estate transactions involving less than $500,000 and $1 million, respectively, is sought throughout the state of North Dakota in a request […]
Other
State supervisors re-appointed, re-elected to panel that advises federal financial institution regulators on state issues
Two state regulators will continue their roles on the group that advises federal financial institution regulators on various state issues. Tom Fite, director of the Indiana Department of Financial Institutions, will continue on the State […]
FDIC
UPDATED: FFIEC cybersecurity assessment tool up for renewal; comments invited
Federal bank and credit union regulators are inviting comments until June 4 on renewal of the FFIEC Cybersecurity Assessment Tool created to assist financial institutions in assessing their inherent cyber risks and risk management capabilities, […]
Other
CFPB’s Kraninger is chairman of FFIEC into 2021, NCUA’s McWatters is vice chairman
The head of the consumer financial protection agency will chair the umbrella Federal Financial Institutions Examination Council (FFIEC) through March 31, 2021, the council announced Monday. Kathleen (“Kathy”) Kraninger, director of the Consumer Financial Protection […]
CFPB
Latest HMDA guide incorporates changes made under EGRRCPA, new CFPB rule
The 2019 edition of the Home Mortgage Disclosure Act (HMDA) guide – reflecting amendments made to the law by last year’s regulatory relief legislation, and the interpretive and procedural rule issued by the Consumer Financial […]
Other
Regulators adopt ‘report of exam’ principles to promote ‘consistency, clarity, easy of reference’
Principles for more clearly presenting “report of examination” (ROE) information were issued Wednesday by the federal financial institution regulators, which include (the regulators said) an effort to promote “consistency, clarity and ease of reference.” In […]