A Commentary is a document which interprets and explains the regulation and law. But commentaries are not always clear and self-explanatory.
HMDA looks deceptively straightforward. However, as we work with it, we continue to discover areas of ambiguity.
Question: My CEO told me that he heard that small banks are exempt from CRA. My understanding is different. Could you clarify how small banks are treated under the new CRA regulation?
On October 18, 1995, the financial regulatory agencies proposed new flood insurance regulations to carry out the provisions in the Riegle Community Development and Regulatory Improvement Act of 199
The Federal Reserve is requesting comment for the definition of what constitutes a finance charge in Regulation Z.