By Kathy Curtis
We have been talking about "managing compliance" or compliance "management" for some years. Those of us who do it - who manage compliance - know what it is.
Under the new regulation, CRA officially recognizes that commercial lending can be a method of helping to meet the credit needs of low and moderate income communities.
Question: Customers are asking our bank to refinance their loans with us at rates below what we generally offer.
The reports are coming in on some of the first compliance examinations under the new CRA regulation and examination procedures.