This week’s Compliance News Round Up features updates from the OCC, SBA, HUD, and more. Read on to catch up on the most recent news impacting our industry! OCC updates names and addresses for notices April 8, 2025 The OCC issued Bulletin 2025-6 to inform OCC-supervised institutions of the appropriate names and addresses for notices required by the Community Reinvestment Act (CRA) and Equal Credit Opportunity Act, and for posters required by the Fair Housing Act. Banks […]
Tag: SBA
The Latest on CRA Modernization & the Compliance News Round Up: March 28, 2025
This week’s headlining news item is the latest on CRA Modernization. A joint press release from the FDIC, OCC, and FRB issued today announced that due to pending litigation, they intend to rescind the Community Reinvestment Act final rule issued October 2023 and reinstate the framework that existed prior to its release. We’ll be closely watching how the agencies approach CRA implementation and will be sure to share insights and updates with you here. […]