The Fair Lending Risk of Good Intentions
Fair Lending laws and regulations prohibit discrimination on prohibited bases, including race,...
FDIC Publishes Nostalgic Issue of Consumer News in Commemoration of 25 Years
Initially published in 1993, the FDIC Consumer News newsletter is celebrating 25 years of...
Understanding What is Not in the Data: A CECL Illustration
In our last post, we discussed the importance of understanding both what is and what is not...
What the Data is and is Not
The first and most important step of any quantitative analysis is understanding what the data...
Leveraging CECL To Enhance Efficiency and Profitability
The new CECL standards fundamentally change the allowed loan and lease loss (ALLL) calculation for...
Agencies Release Statement on Implementation of Regulatory Relief
The various regulatory agencies have released statements concerning the Economic Growth, Regulatory...
The Essentials of CECL: What Your Institution Needs to Know
The implementation dates for the new accounting standard known as CECL are fast approaching. As...
Federal Reserve to Host Webinar on Fair Lending and UDAP Risks of Fintech
The term “Fintech” has come to mean essentially any application of technology for delivering...
House and Senate Pass Bills Exempting Certain Depository Institutions From New HMDA Requirements
On January 18, 2018, the House passed H.R.2954, the Home Mortgage Disclosure Adjustment Act. The...
FDIC Swears in 21st Chairman
Jelena McWilliams has been sworn in as the 21st Chairman of the Federal Deposit Insurance...