Events

  • Live Membership Demo 10-26-2021

    October 26, 2021

    Join us for a live demonstration of the benefits of membership with Compliance Alliance.

    This interactive virtual tour will provide an in-depth look at each of our tool types and resource categories, as well as an overview of all of C/A's additional services. 

    This meeting is presented by our Membership team, and will last about an hour. It is offered every Tuesday and Thursday, at 10:00am and 1:00pm respectively.

    Register Here

  • Live Membership Demo 10-28-2021

    October 28, 2021

    Join us for a live demonstration of the benefits of membership with Compliance Alliance.

    This interactive virtual tour will provide an in-depth look at each of our tool types and resource categories, as well as an overview of all of C/A's additional services. 

    This meeting is presented by our Membership team, and will last about an hour. It is offered every Tuesday and Thursday, at 10:00am and 1:00pm respectively.

    Register Here

  • Comment Period: Community Reinvestment Act Regulations September 8, 2021

    October 29, 2021

    The Comptroller of the Currency proposes to replace the current Community Reinvestment Act rule with rules based on the 1995 Community Reinvestment Act (CRA) rules, as revised, issued by the Office of the Comptroller of the Currency (OCC), Board of Governors of the Federal Reserve System (Board), and Federal Deposit Insurance Corporation (FDIC). The proposal would replace the existing rule in 12 CFR part 25 and reinstate 12 CFR part 195 (for savings associations). Such action would effectively rescind the CRA final rule published by the Office of the Comptroller of the Currency on June 5, 2020, and facilitate the issuance of joint CRA rules with the Board and FDIC. Read more here.

  • SAFE Act - Start Date - 2021 Annual Renewal Period

    November 1, 2021

    An MLO must renew his or her registration during the annual renewal period by confirming and updating his or her registration records. A covered financial institution must update the information it submitted to the Registry during the annual registration renewal period and must confirm the registration information provided by MLO employees during this period.

  • Live Membership Demo 11-02-2021

    November 2, 2021

    Join us for a live demonstration of the benefits of membership with Compliance Alliance.

    This interactive virtual tour will provide an in-depth look at each of our tool types and resource categories, as well as an overview of all of C/A's additional services. 

    This meeting is presented by our Membership team, and will last about an hour. It is offered every Tuesday and Thursday, at 10:00am and 1:00pm respectively.

    Register Here

  • Live Membership Demo 11-04-2021

    November 4, 2021

    Join us for a live demonstration of the benefits of membership with Compliance Alliance.

    This interactive virtual tour will provide an in-depth look at each of our tool types and resource categories, as well as an overview of all of C/A's additional services. 

    This meeting is presented by our Membership team, and will last about an hour. It is offered every Tuesday and Thursday, at 10:00am and 1:00pm respectively.

    Register Here

  • Live Membership Demo 11-09-2021

    November 9, 2021

    Join us for a live demonstration of the benefits of membership with Compliance Alliance.

    This interactive virtual tour will provide an in-depth look at each of our tool types and resource categories, as well as an overview of all of C/A's additional services. 

    This meeting is presented by our Membership team, and will last about an hour. It is offered every Tuesday and Thursday, at 10:00am and 1:00pm respectively.

    Register Here

  • Live Membership Demo 11-16-2021

    November 16, 2021

    Join us for a live demonstration of the benefits of membership with Compliance Alliance.

    This interactive virtual tour will provide an in-depth look at each of our tool types and resource categories, as well as an overview of all of C/A's additional services. 

    This meeting is presented by our Membership team, and will last about an hour. It is offered every Tuesday and Thursday, at 10:00am and 1:00pm respectively.

    Register Here

  • Live Membership Demo 11-18-2021

    November 18, 2021

    Join us for a live demonstration of the benefits of membership with Compliance Alliance.

    This interactive virtual tour will provide an in-depth look at each of our tool types and resource categories, as well as an overview of all of C/A's additional services. 

    This meeting is presented by our Membership team, and will last about an hour. It is offered every Tuesday and Thursday, at 10:00am and 1:00pm respectively.

    Register Here

  • Live Membership Demo 11-23-2021

    November 23, 2021

    oin us for a live demonstration of the benefits of membership with Compliance Alliance.

    This interactive virtual tour will provide an in-depth look at each of our tool types and resource categories, as well as an overview of all of C/A's additional services. 

    This meeting is presented by our Membership team, and will last about an hour. It is offered every Tuesday and Thursday, at 10:00am and 1:00pm respectively.

    Register Here

  • Effective Date: Final Rule to Revise Regulation F

    November 30, 2021

    The Bureau of Consumer Financial Protection (Bureau) is issuing this final rule to revise Regulation F, which implements the Fair Debt Collection Practices Act (FDCPA). The final rule governs certain activities by debt collectors, as that term is defined in the FDCPA. Among other things, the final rule clarifies the information that a debt collector must provide to a consumer at the outset of debt collection communications, prohibits debt collectors from bringing or threatening to bring a legal action against a consumer to collect a time-barred debt, and requires debt collectors to take certain actions before furnishing information about a consumer’s debt to a consumer reporting agency. Read more here.

  • Live Membership Demo 11-30-2021

    November 30, 2021

    Join us for a live demonstration of the benefits of membership with Compliance Alliance.

    This interactive virtual tour will provide an in-depth look at each of our tool types and resource categories, as well as an overview of all of C/A's additional services. 

    This meeting is presented by our Membership team, and will last about an hour. It is offered every Tuesday and Thursday, at 10:00am and 1:00pm respectively.

    Register Here

  • SAFE Act - End Date - 2021 Annual Renewal Period

    December 31, 2021

    An MLO must renew his or her registration during the annual renewal period by confirming and updating his or her registration records. A covered financial institution must update the information it submitted to the Registry during the annual registration renewal period and must confirm the registration information provided by MLO employees during this period.

  • Effective Date: CFPB Final Rule Regarding HMDA Thresholds

    January 1, 2022

    The Bureau of Consumer Financial Protection (Bureau) is amending Regulation C to increase the threshold for reporting data about closed-end mortgage loans, so that institutions originating fewer than 100 closed-end mortgage loans in either of the two preceding calendar years will not have to report such data effective July 1, 2020. The Bureau is also setting the threshold for reporting data about open-end lines of credit at 200 open-end lines of credit effective January 1, 2022, upon the expiration of the current temporary threshold of 500 open-end lines of credit.

    DATES:

    This final rule is effective on July 1, 2020, except for the amendments to § 1003.2 in amendatory instruction 5, the amendments to § 1003.3 in amendatory instruction 6, and the amendments to supplement I to part 1003 in amendatory instruction 7, which are effective on January 1, 2022. See part VI for more information.

    Read more here

  • Mandatory Compliance Date: Unsafe and Unsound Banking Practices: Brokered Deposits and Interest Rate Restrictions

    January 1, 2022

    The FDIC is finalizing revisions to its regulations relating to the brokered deposits and interest rate restrictions that apply to less than well capitalized insured depository institutions. For brokered deposits, the final rule establishes a new framework for analyzing certain provisions of the ‘‘deposit broker’’ definition, including ‘‘facilitating’’ and ‘‘primary purpose.’’ For the interest rate restrictions, the FDIC is amending its methodology for calculating the national rate, the national rate cap, and the local market rate cap. Further, the FDIC is explaining when nonmaturity deposits are accepted and when nonmaturity deposits are solicited for purposes of applying the brokered deposits and interest rate restrictions. Read more here.

  • Mandatory Compliance Date: Removal of Transferred Office of Thrift Supervision (OTS) Regulations Regarding Nondiscrimination Requirements

    February 3, 2022

    FDIC issued a final rule to rescind and remove its regulation entitled, Nondiscrimination Requirements, and has amended its regulation entitled, Fair Housing, to make it applicable to state savings associations. The actions will streamline FDIC’s rules by eliminating unnecessary, inconsistent, and duplicative regulations, and ensure insured state nonmember banks and state savings associations generally will be subject to the same nondiscrimination requirements. Read more here.
     

  • Submission of 2021 HMDA Data

    March 1, 2022

    Submissions of 2021 HMDA data will be considered timely if received on or before Tuesday, March 1st, 2022.

  • SAFE Act - Start Date - 2022 Annual Renewal Period

    November 1, 2022

    An MLO must renew his or her registration during the annual renewal period by confirming and updating his or her registration records. A covered financial institution must update the information it submitted to the Registry during the annual registration renewal period and must confirm the registration information provided by MLO employees during this period.

  • SAFE Act - End Date - 2022 Annual Renewal Period

    December 31, 2022

    An MLO must renew his or her registration during the annual renewal period by confirming and updating his or her registration records. A covered financial institution must update the information it submitted to the Registry during the annual registration renewal period and must confirm the registration information provided by MLO employees during this period.

  • Effective Date: OCC CRA Final Rule January 1, 2023

    January 1, 2023

    SUMMARY: The Office of the Comptroller of the Currency (OCC) is adopting a final rule to strengthen and modernize the Community Reinvestment Act (CRA) by clarifying and expanding the activities that qualify for CRA credit; updating where activities count for CRA credit; creating a more consistent and objective method for evaluating CRA performance; and providing for more timely and transparent CRA-related data collection, recordkeeping, and reporting.

    DATES: This rule is effective on October 1, 2020. Banks must comply with the final amendments by October 1, 2020, January 1, 2023, or January 1, 2024, as applicable. Until the compliance dates, banks must continue to comply with parts 25 and 195 that are in effect on September 30, 2020 (as set forth in appendix C to 12 CFR 25). Alternatively, the OCC may permit a bank to voluntarily comply, in whole or in part, with the amendments adopted in this release prior to the applicable compliance dates. Parts 25 and 195 that are in effect on September 30, 2020 (as set forth in appendix C) expire on January 1, 2024.

    Read more here

  • Effective Date: OCC CRA Final Rule January 1, 2024

    January 1, 2024

    SUMMARY: The Office of the Comptroller of the Currency (OCC) is adopting a final rule to strengthen and modernize the Community Reinvestment Act (CRA) by clarifying and expanding the activities that qualify for CRA credit; updating where activities count for CRA credit; creating a more consistent and objective method for evaluating CRA performance; and providing for more timely and transparent CRA-related data collection, recordkeeping, and reporting.

    DATES: This rule is effective on October 1, 2020. Banks must comply with the final amendments by October 1, 2020, January 1, 2023, or January 1, 2024, as applicable. Until the compliance dates, banks must continue to comply with parts 25 and 195 that are in effect on September 30, 2020 (as set forth in appendix C to 12 CFR 25). Alternatively, the OCC may permit a bank to voluntarily comply, in whole or in part, with the amendments adopted in this release prior to the applicable compliance dates. Parts 25 and 195 that are in effect on September 30, 2020 (as set forth in appendix C) expire on January 1, 2024.

    Read more here