The final rule provides flexibility to large savings associations to determine the combination of lending, investments and services these institutions use to meet the needs of their local communities under the CRA. Pursuant to the final rule, large institutions may request modification of their rating...
insideARM Perspective The road to the final debt collection rule has been long, and it’s surreal to think that we are almost at the end of it. With that said, it’s hard not to take the timeline with a grain of salt. As mentioned above, we’ve seen the ominous “non-date” in ...
Given the hurdles created by the rulemaking process, the CRA provides a “cleaner” and quicker vehicle for overturning the final rule. Republican Congressman Dennis Ross, one of the CRA resolution’s sponsors, is reported to have said that despite the CFPB’s announcement, he intends to continu...
OTS Issues Final CRA Exam Rule.(Office of Thrift Supervision, Community Reinvestment Act exams)(Brief Article)Blackwell, RobBergman, Hannah
Plan of the FDIC to vote on a CRA-related proposal soon; How the OTS rule changed; Expectation that the FDIC will raise the maximum asset limits that qualify for the simplified exam to $1billion.Blackwell, RobBergman, HannahAmeric...
Environmentalists are pressing departing Obama administration officials to strengthen EPA's upcoming final rule revising its facility safety regulation even as the measure faces a growing threat that the next Congress, backed by incoming President Donald Trump, will eliminate the rule under privileged ...