7 Reg B Violations: Compare Your Fair Lending Compliance Program
The 7 most common Reg B (Fair Lending) violations as reported by the regulators. How does your program compare?
CFPB and DOJ Collaborate on Fair Lending: 3 Key Areas Defined
CFPB publishes first annual Report on Fair Lending and establishes fair lending collaboration framework with DOJ. Assess your fair lending program.
CFPB Provides Fair Lending Road Map with 8 Success Elements
The CFPB's first Supervisory Highlights provides great insights regarding how to succeed with Fair Lending compliance.
The Keys to Balancing Safety & Soundness with Fair Lending Compliance
Fair Lending regulatory compliance and Safety & Soundness can co-exist with the right policies, procedures and compliance management program.
$2m Fair Lending Bias Settlement - Loan Policies & Disparate Impact
Fair Lending continues to garner regulatory attention as evidenced by the Luther Burbank Savings settlement with the Justice Department.
2011 HMDA Data Ready for Release - Are You Ready to Act in 3 Days?
Imminent release of 2011 HMDA data by FFIEC requires action by bankers.
$3.5m Bias Settlement - Highlights Fair Lending Monitoring Risk
$3.5m Fair Lending settlement highlights required elements of a Fair Lending Compliance Management Program.
6 Keys to CRA Community Development Success Told With BBQ Sauce
Managing CRA and Community Development is like Carolina BBQ sauce; we'll define 6 key best practices for success.
$175m Fair Lending Settlement - Highlights 5 Risks Banks Must Manage
Wells Fargo will pay at least $175m to settle fair lending accusations that the company discriminated against borrowers.
2010 Census Impacts CRA and Fair Lending Approach
FFIEC will release the updated 2010 census data on June 29th. CRA and Fair Lending exams are immediately impacted.
The $21m Fair Lending Price Tag for Loan Officer Discretion
When you have a combination of loan officer discretion AND disparities, you have the ingredients for in-depth regulator Fair Lending review.
Compliance Innovation Reduces Costs, Increases Profitability
Community Banks are using innovative partners to reduce the cost of compliance and improve their efficiency ratios.
CFPB Stands Firm on Fair Lending and Disparate Impact
CFPB says it will use all means to pursue lenders whose practices discriminate against consumers, including disparate impact.
GFI's Fair Lending Lawsuit Underscores “Beware-the-Double-D” Warning
The Fair Lending lawsuit filed last week against GFI Mortgage Bankers is a reminder that Fair Lending compliance isn't just for banks.
Fair Lending Reviews Are Now Part of Every Compliance & CRA Exam
Examiners now conduct a fair-lending exam in conjunction with every compliance exam and CRA exam. Are you analyzing you risk?
Fair Lending Importance Underscored by Attorney General at Judiciary Hearing
Compliance officers who haven’t yet committed to a comprehensive fair-lending compliance program may want to consider the issue from the perspective of Ass…
How to Avoid the Pitfalls Hiding in Your HMDA Data
Here's 3 tips for how banks and lenders nationwide can avoid Fair Lending pitfalls.
A Timely Reminder Via the $25 Billion Mortgage Relief Settlement
After months of negotiation, the details on the $25 billion relief settlement are still not fully understood and will likely take weeks to gain clarity.
5 Regulatory Compliance Priorities for 2012 & Beyond
Read this blog in order to learn the five regulatory compliance priorities to focus on in 2012 and beyond!
Happy New Year! 3 Compliance Resolutions for 2012
TRUPOINT Partners is committed to quality reporting, providing the best service, and improving our data analysis and reports in 2012.
FDIC Chairman Announces Community Bank Initiatives
The FDIC is reviewing key challenges facing community banks.
Bank Compliance Must Adjust Their Sails
TruPoint Partners is busy adjusting our corporate sails to capture the winds of change for the sole purpose of serving you better.
Please Respond Mr. Geithner
TruPoint Partners celebrates the fact that the Financial Services committee sees that community banks and credit unions are over-burdened and need relief.
Faring Well in Your Fair Lending Exam
Before any exam ever begins, your institution should conduct its own fair lending risk assessment.
Lending Disparity In Minority Neighborhoods Drives Data Analysis
Lending disparities will drive regulatory data analysis to evaluate Fair Lending compliance. Are you analyzing your data? You should be!
Fair Lending and Reverse Redlining... Can Banks Ever Win?
Prior to the mortgage crisis, regulators forced banks to market mortgages to poor minorities with weak credit. Now banks are being persecuted for those loa…
This is Every Community Bank Compliance Officer's Nightmare
The proposed bank merger between Hancock Holding Co. and Whitney Holding Corp. has been challenged on fair lending grounds.
The Reality of the Consumer Compliance Quandary
Bank compliance officers are in a quandary. Many of them report that they know regulatory change is coming and they realize the need to be prepared, but it…
Here We Go Again...FHA Commissioner Warns the Mortgage Industry About Fair Lending Compliance
FHA Commissioner condemned the industry because some bankers refuse to participate in gov. programs to refinance borrowers who are upside-down on their mor…
The Regulators are on the Fair Lending Warpath
Examiners are paying more attention to lending compliance issues, such as fair lending, CRA, and HMDA than at any time in the recent past.