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#2088350 - 07/15/16 06:15 PM Revised Interagency CRA Q and A Released
Kathleen O. Blanchard Offline

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Kathleen O. Blanchard
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To make my summer complete, the agencies have released the revised Q and A, that is supposed to incorporate the original and supplemental, plus revision.

I guess I will be reading tonight!

http://www.federalreserve.gov/newsevents/press/bcreg/20160715a.htm
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Kathleen O. Blanchard, CRCM "Kaybee"
HMDA/CRA Training/Consulting/Mapping
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#2088380 - 07/15/16 07:15 PM Re: Revised Interagency CRA Q and A Released Kathleen O. Blanchard
Darth HMDA, CRCM, CAMS Offline
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Feel free to share a summary haha smile
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The opinions expressed are mine, do not represent the opinions of my employer, and they are not to be taken as legal advice.

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#2088447 - 07/18/16 11:57 AM Re: Revised Interagency CRA Q and A Released Darth HMDA, CRCM, CAMS
Sinatra Fan Offline
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220 pages to revise 6 of the proposed Q&A, adopt 3 of the proposed Q&A, and drop 1.

Can't anyone in Washington write clearly and succinctly?
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Management is doing things right; leadership is doing the right things. Peter Drucker

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#2088448 - 07/18/16 11:59 AM Re: Revised Interagency CRA Q and A Released Kathleen O. Blanchard
Kathleen O. Blanchard Offline

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The format and required (or perhaps just traditional such as discussion of comments received) sections cause the length, unfortunately. It would be nice if they included a summary in bullet point fashion.
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Kathleen O. Blanchard, CRCM "Kaybee"
HMDA/CRA Training/Consulting/Mapping
The HMDA Academy
www.kaybeescomplianceinsights.com

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#2088557 - 07/18/16 04:50 PM Re: Revised Interagency CRA Q and A Released Kathleen O. Blanchard
Norman Paperman Offline
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"We have to pass the bill so that you can find out what is in it" - Nancy Pelosi

I'll patiently wait for KB's summary.
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Maybe you just wanna fly the plane yourself. Well good luck pressing take off, then auto pilot, then land.


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#2088558 - 07/18/16 04:51 PM Re: Revised Interagency CRA Q and A Released Kathleen O. Blanchard
Kathleen O. Blanchard Offline

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Kathleen O. Blanchard
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Working on it.
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Kathleen O. Blanchard, CRCM "Kaybee"
HMDA/CRA Training/Consulting/Mapping
The HMDA Academy
www.kaybeescomplianceinsights.com

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#2088590 - 07/18/16 05:58 PM Re: Revised Interagency CRA Q and A Released Kathleen O. Blanchard
Sunshine Lady Offline
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Thank you KB, I started it and got another headache trying to read it.
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Define Success on your own terms, achieve it by your own rules, and build a life you are proud of. Anne Sweeney

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#2088611 - 07/18/16 06:48 PM Re: Revised Interagency CRA Q and A Released Kathleen O. Blanchard
Pale Rider Offline
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under the Lone Star
First 75 pages contain the meat of the doc.
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Societies that do not find work in and of itself "pleasing to God and requisite to Man," tend to be highly corrupt.


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#2088612 - 07/18/16 06:52 PM Re: Revised Interagency CRA Q and A Released Kathleen O. Blanchard
Kathleen O. Blanchard Offline

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Kathleen O. Blanchard
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The interesting stuff!
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Kathleen O. Blanchard, CRCM "Kaybee"
HMDA/CRA Training/Consulting/Mapping
The HMDA Academy
www.kaybeescomplianceinsights.com

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#2088624 - 07/18/16 07:06 PM Re: Revised Interagency CRA Q and A Released Kathleen O. Blanchard
Princess Romeo Offline

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Where the heart is
Any hope of ending economic segregation in community development other than housing?
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#2098058 - 09/12/16 07:21 PM Re: Revised Interagency CRA Q and A Released Kathleen O. Blanchard
Norman Paperman Offline
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So...

I'm a new ISB guy, so I may be behind the 8 ball here, but I didn't gather a whole lot of NEW information from these Q&A's (as that applies to an ISB).

I learned that I will likely submit some affiliate home loans for consideration under the lending test.
I learned that there will be a stronger emphasis on the responsiveness of an institution to the credit needs of its AA
I learned that there is an equal focus on qualitative impacts as there is quantitative impacts (CD loans, service, investment).

What else? Do I need to re-read this thing?
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Maybe you just wanna fly the plane yourself. Well good luck pressing take off, then auto pilot, then land.


CRCM

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