Banker Compliance News

Capturing the important news of the day in an easy to access way. We post news we feel is relevant to our members and community banks nationwide.

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HUD ANNOUNCES AGENCY EFFORTS TO REDUCE RISK FROM CASH-OUT REFINANCE LENDING

August 2, 2019 / Source: FHA

HUD No. 19-114 HUD Public Affairs (202) 708-0685 FOR RELEASE Thursday August 1, 2019 HUD ANNOUNCES AGENCY EFFORTS TO REDUCE RISK FROM CASH-OUT REFINANCE LENDING FHA and Ginnie Mae seek to preserve homeowner equity and, boost investor confidence WASHINGTON – The U.S. Department of Housing and Urban Development (HUD) today announced joint policy actions designed…

OCC Guidelines for Requesting Approval of a Strategic Plan

August 1, 2019 / Source: OCC

OCC BULLETIN 2019-39 Subject: Community Reinvestment Act Date: July 31, 2019 To: Chief Executive Officers and Compliance Officers of National Banks, Federal Savings Associations, and Federal Branches of Foreign Banking Organizations; Department and Division Heads; All Examining Personnel; and Other Interested Parties Description: Guidelines for Requesting Approval of a Strategic Plan Summary The Office of the…

OCC Guidelines for Requesting Designation as a Wholesale, Limited Purpose, or Special Purpose Bank

August 1, 2019 / Source: OCC

OCC BULLETIN 2019-40 Subject: Community Reinvestment Act Date: July 31, 2019 To: Chief Executive Officers and Compliance Officers of All National Banks, Federal Savings Associations, and Federal Branches of Foreign Banking Organizations; Department and Division Heads; All Examining Personnel; and Other Interested Parties Description: Guidelines for Requesting Designation as a Wholesale, Limited Purpose, or Special Purpose…