U.S. Economic Conditions Reflect Little Change According to Recent Data
The national economic state appears to continue in the holding pattern observed over the last few years according to data through September 5th of this year.
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13Sep2017
07Sep2017
Understanding & Managing Policy Exceptions Remains Critical Facet of Fair Lending Risk Mitigation
Understanding and managing exceptions to loan policy is a critical component of a financial institution’s fair lending risk management. It is important to understand how exceptions are defined and how they are tracked and managed. In today’s post, we focus on the former and will discuss options for management in the future.
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05Sep2017
FDIC Releases Supervisory Information For The Bank Secrecy Act & Liquidity Management
The FDIC has released its Summer edition of its Supervisory Insights Journal. The Summer 2017 issue of Supervisory Insights features two articles of interest to examiners, bankers, and supervisors.
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31Aug2017
Rising Rates May Boost Profits But Also Elevate Fair Lending Risk
As we have noted previously, banks across the board are performing better in regard to earnings. This is in part due to an improving economy and consumer confidence, but also to the rising rate environment. Although rates are still at historic lows, prime is one percentage point above the 10 year low of 3.25 and […]
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29Aug2017
New Guidelines Released for HMDA Data Integrity Testing
New guidelines were released last week (August 23, 2017) for HMDA transaction testing. The guidelines explain the testing procedures and the error tolerance thresholds for resubmission of HMDA. Institutions in which a review reveals the amount of errors exceeds these tolerances will be required to resubmit their HMDA data.
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24Aug2017
Highlights from the Second Quarter 2017 Quarterly Banking Profile from the FDIC
The FDIC Reports Insured Institutions Earn $48.3 Billion in The Second Quarter of 2017 & Community Bank Net Income Rises to $5.7 Billion in Second Quarter 2017
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17Aug2017
The Criteria Interview – A Critical Facet of a Fair Lending Examination
We have discussed previously some general aspects of managing the regulatory fair lending examination process. In this post we discuss one of the most critical aspects: specifically – the criteria interview.
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16Aug2017
The U.S. Economy At A Glance
The state of the economy was the subject of one of our posts last week. The New York Fed has just released a concise and useful summary of current indicators. These are summarized below.
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10Aug2017
What Is The State of The U.S. Economy?
There is a flood of economic indicators that one can evaluate with new data being released almost daily. There are national and state governmental agencies dedicated solely to analyzing and forecasting economic conditions and trends and a host of private firms that do the same thing. But what IS the state of the U.S. economy?
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08Aug2017
New Frontiers for Fair Lending: Race & Ethnicity-Specific Redlining Analyses
There are often game-changers in the world of regulatory risk.
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