CRA, The Regulatory Exam Process, & The Need For Change
On May 20th, FDIC Chairman Jelena McWilliams announced that the agency would not finalize the...
CECL, Loan Losses, and the Pandemic
The Current Expected Credit Losses standards (CECL) have once again been delayed for an...
Highlights of 2018 Expanded HMDA Public Release
The long awaited release of the expanded Home Mortgage Disclosure Act Loan Application Register...
FDIC Initiates Efforts to Improve the Examination Experience
Regulatory exams are a way of life in the financial industry. Institutions, especially commercial...
Household Debt Surpasses Pre-Recession Levels
The financial crisis of over a decade ago is now behind us. For many, it is not much more than a...
CFPB Annual Fair Lending Report Addresses Small Business Lending
The Bureau of Consumer Financial Protection issued its seventh Fair Lending Report to Congress. The...
Maintaining Proper Perspective of Statistical Methods for Fair Lending Evaluation
We have discussed previously in various posts some of the challenges of using regression and other...
FDIC Releases Compliance Report Card for 2018
The FDIC released a compliance summary noting key findings and performance of the banks examined in...
FDIC Chair Touts America, Banking, Regulation, and Inclusion
In a speech on June 12, 2019, at CATO Summit on Financial Regulation, FDIC Chair McWilliams talked...
Banking Industry Reports Another Positive Quarter
FDIC insured institutions report $60.7 billion in aggregate net income in the first quarter of...