Links in “Community Reinvestment Act (CRA)”
- The New CRA Thresholds Are Here! The New CRA Thresholds Are Here!
Either definition requires meeting the level for last two consecutive years: "small bank/savings association" means assets of less than $1,202 million and, therefore, "intermediate small bank/savings association" $300 million to $1,202 million. [12/20]
- How CRA Fits with QM/ATR Standards
Agencies issue joint statement addressing how qualified mortgage and ability-to-repay rules fit with such standards as the Community Reinvestment Act. [12/18]
- Agencies Post Regulatory Approach for Qualified and Non-Qualified Mortgage Loans
Four federal financial institution regulatory agencies issued a statement to clarify safety-and-soundness expectations and Community Reinvestment Act (CRA) considerations related to qualified mortgage loans and non-qualified mortgage loans offered by regulated institutions. [12/16]
- FDIC’s December CRA Report Card for Examinations Conducted Issued
Quite a shift from November. For this month, all ratings were positive. 98 satisfactory ratings and 3 outstanding. [12/5]
- OCC Q1 2014 CRA Schedule Released
For the CRA officers of 150+ banks, Q1 will be a bit more interesting. [12/2]
- CRA IQ&A Update Final Hits Federal Register
Three altered and two added Interagency Q&As: Focus on community development activities including those efforts outside assessment area, how to analyze impact/benefit on LMI, evaluating community development (CD) services, CD lending emphasis and quantitative consideration for CD efforts. [11/20]
- CRA Guidelines Clarify Out-of-Market Activities
In response to commenters, agencies provide clarification in finalized guidelines on CRA credit banks will receive for efforts outside their assessment area. [11/18]
- CRA Q&A Goes Final
Interagency Q&A revisions focus primarily on community development (CD) and clarify broader impact on institution's assessment area issues, nationwide and partial CD investments, director service activities and emphasis on CD Lending. [11/18]
- FDIC’s Near Perfect CRA Rating Bell Curve
Ratings show 5 Needs Improvement, 90 Satisfactory and 6 Outstanding outcomes. How is that for a bell curve? Still, for those on the negative part of the bell, it makes sense to review their causal factor for NI. [11/4]
- Presentation on Native American Lending Opportunities
On November 22, a free webinar presents challenges and opportunities in serving Native American communities with emphasis on opportunities for Community Reinvestment Act (CRA) consideration with respect to outreach into lending in Native American communities. [11/4]
