FFIEC: New “Announcements” Communication Tool Announced

The Federal Financial Institutions Examination Council (FFIEC) today introduced “FFIEC Announcements,” an email notification providing relevant and timely information designed specifically for examiners and practitioners within the financial services sector. FFIEC Announcements will be distributed to the Council’s email subscribers notifying them of updates to the FFIEC’s website and InfoBases. […]

FFIEC: 2020 Data on Mortgage Lending Availability Announced

The Federal Financial Institutions Examination Council (FFIEC) today announced the availability of data on 2020 mortgage lending transactions at 4,475 U.S. financial institutions reported under the Home Mortgage Disclosure Act (HMDA). Covered institutions include banks, savings associations, credit unions, and mortgage companies. The HMDA data are the most comprehensive publicly […]

OCC: FFIEC’s 2021 “A Guide to HMDA Reporting: Getting It Right!” Issued

Summary The Office of the Comptroller of the Currency (OCC) is announcing the issuance of the Federal Financial Institutions Examination Council’s (FFIEC) revised “A Guide to HMDA Reporting: Getting It Right!”, which is designed to help banks comply with the Home Mortgage Disclosure Act (HMDA) and Regulation C, its implementing […]

FFIEC: Federal Banking Agencies Announce Availability of 2019 Small Business, Small Farm, and Community Development Lending Data

The three federal banking agency members of the Federal Financial Institutions Examination Council (FFIEC) with Community Reinvestment Act (CRA) responsibilities today announced the availability of data on small business, small farm, and community development lending reported by certain commercial banks and savings associations, pursuant to the CRA. The agencies releasing […]

FFIEC: Joint Statement on Additional Loan Accomodations Related to COVID-19

This letter announces that the Federal Reserve and the other Federal Financial Institutions Examination Council (FFIEC) members1 have issued the attached Joint Statement on Additional Loan Accommodations Related to COVID-19. This statement discusses risk management principles relevant to institutions that work with their borrowers as loans near the end of initial loan accommodation periods […]

FFIEC: Availability of 2019 HMDA Data on Mortgage Lending Announced

The Federal Financial Institutions Examination Council (FFIEC) today announced the availability of data on 2019 mortgage lending transactions at 5,508 U.S. financial institutions covered by the Home Mortgage Disclosure Act (HMDA). Covered institutions include banks, savings associations, credit unions, and mortgage companies. The HMDA data are the most comprehensive publicly […]

FFIEC: Agencies Release List of Distressed or Underserved Nonmetropolitan Middle-Income Geographies

The Board of Governors of the Federal Reserve System, the Federal Deposit Insurance Corporation, and the Office of the Comptroller of the Currency today announced the availability of the 2020 list of distressed or underserved nonmetropolitan middle-income geographies. These are geographic areas where revitalization or stabilization activities are eligible to […]

CFPB: FFIEC Announces Availability of 2019 HMDA Data on Mortgage Lending

The Federal Financial Institutions Examination Council (FFIEC) today announced the availability of data on 2019 mortgage lending transactions at 5,508 U.S. financial institutions covered by the Home Mortgage Disclosure Act (HMDA). Covered institutions include banks, savings associations, credit unions, and mortgage companies. The HMDA data are the most comprehensive publicly […]

FFIEC: Financial Regulators Highlight Coordination and Collaboration of Efforts to Address COVID-19

The Federal Financial Institutions Examination Council continues to monitor and respond to the COVID-19 pandemic to promote the ongoing ability of the nation’s financial institutions to support the households and businesses that depend on them. FFIEC members, who met as a group yesterday, are actively discussing and identifying appropriate measures, […]

FFIEC: Updated Guidance on Pandemic Planning Issued

The Federal Financial Institutions Examination Council (FFIEC) today updated guidance identifying actions that financial institutions should take to minimize the potential adverse effects of a pandemic. Pandemic preparedness is an important part of a financial institution’s business continuity planning. The guidance provides the Council’s prudent expectations that regulated institutions should […]