The CFPB issued a final rule on May 1, 2026, revising its small business lending data collection requirements under Section 1071 (Regulation B). The rule narrows the 2023 framework and establishes a [...]
On April 22, 2026, the CFPB issued a final rule amending Regulation B (ECOA) provisions regarding disparate impact, discouragement of applicants or prospective applicants, and special-purpose credit programs. This final [...]
The OCC issued two rules to reduce the regulatory burden on community banks by eliminating duplicative data collection requirements and expanding eligibility for streamlined licensing and filing procedures. First, the [...]
On March 13, 2026, the White House issued an Executive Order titled "Promoting Access to Mortgage Credit." The order directs federal regulators to review and, if necessary, revise regulatory requirements [...]
With the upcoming time change, now is a good opportunity to set yourself a reminder for Monday, March 9th, to review your Loan Estimate disclosures to ensure the correct time [...]
The CFPB has discontinued the use of its GovDelivery email service for HMDA notifications, effective January 20, 2026. As a result, subscribers will no longer receive email alerts regarding HMDA platform updates or announcements. [...]
March 2, 2026, is the due date for the annual HMDA LAR submission of 2025 data for all banks subject to HMDA reporting requirements. Submission will be considered timely if received on or before [...]
The CFPB and the DOJ issued a joint statement in October of 2023 that cautioned lenders that creditor policies relating to an applicant’s immigration or citizenship status could raise concerns [...]
Does your bank offer a Home Equity Line of Credit (HELOC) program? If so, it’s important to ensure that your HELOC Program disclosures are reviewed at least annually to maintain accuracy and [...]
The Home Mortgage Disclosure Act (HMDA) requires certain institutions to collect and report mortgage loan data each year. One key factor is the loan volume threshold. Institutions that otherwise meet Regulation C's [...]