Quiz for 2025 On the Horizon

1. CRA has modernize the approach to assessment areas with what three new terms. Which term is not used in the new rule?

For purposes of 1071, the data collection start date and the data reporting date are the same.

2. For purposes of 1071, what tier does a lender who originated 400 covered originations in 2022, 510 covered originations in 2023, and 490 covered transactions in 2024 fall into?

4. For data providers that cross the “SBA size standard” must comply with subparts B and C of 1033 within a reasonable amount of time not to exceed _________ year(s).

5. Which of the following is not true as it applies to the Corporate Transparency Act “Access Rule:”

6. Reconsideration of Value procedures is geared towards single 1-to-4 family residential transactions.

7. Banks are not required to worry about artificial intelligence when considering their regulatory framework since there is no single set of guidance to adhere to.

8. FDIC Digital Signage Requirements found under Subpart A are effective on what date:

9. Which of the following is not an effective way to combat fraud:

10. What are the new threshold amounts for Large Deposits for purposes of Reg CC: