Proposed CRA update detailed during ‘Ask the Regulators’ webinar May 11

May 6, 2022 FDIC, OCC, The Fed 0

Regulators will discuss their jointly proposed Community Reinvestment Act (CRA) rules update plus answer questions during a public webinar May 11, according to a message Friday from the federal insurer of bank deposits.

The May 11 webinar, slated for 3 p.m. Eastern, will include policy experts from the Federal Deposit Insurance Corp. (FDIC), Federal Reserve, and Office of the Comptroller of the Currency (OCC). The agencies will provide an overview of the May 5 proposal, aimed at strengthening and modernizing regulations implementing the anti-redlining CRA. The FDIC said topics will include assessment areas, qualified activities, evaluation framework, ratings, and data collection and reporting.

Comments are due Aug. 5 on the proposed rule.

Reg lookup: Community Reinvestment Act

Final rule provides ‘sharper scalpel’ of penalty, enforcement to foreign investment rules

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A final rule aimed at providing a “sharper scalpel” of penalty and enforcement provisions to rules governing foreign investment in the United States was issued Monday by the Treasury Department, the agency said. The rule enhances “certain procedures” of the [...]
More days allowed for commenting on deposit insurance recordkeeping for custodial accounts

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Delinquency rates on rise for CRE, some consumer loans, Fed supervision report finds

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CLF’s 2025-26 budget, share insurance fund update slated next Thursday

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Farmer Mac stock a permissible investment for some FCUs, agency opinion states

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Federal credit unions (FCUs) may invest in common stock of the Federal Agricultural Mortgage Corporation, or Farmer Mac, to the extent they must in order to serve as loan originators or sellers in the program, the federal credit union regulator [...]

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