SBL1071 Small Business Lending
CFPB Extends SBL Rule Compliance Dates: Your Roadmap for Readiness Amidst ChangeExtension of 1071 SBL Compliance Dates On June 18 2025, the CFPB issued an interim final rule to extend the compliance dates set in the 2023 final rule, as previously amended by a 2024 interim final rule, by approximately one year. This extension applies to all financial institutions required to collect and report data on […]
Community Reinvestment Act (CRA) NYDFS
Preparing for State Consumer Protection Requirements: Navigating NYDFS Section 76.16At the recent Fair Lending Forum, we delved into the evolving landscape of consumer protection regulations, highlighting how states are increasingly stepping up their oversight. While federal mandates often capture the spotlight, the New York Department of Financial Services (NYDFS) with its Section 76.16 requirements stands out as a significant example of this trend. In […]
CRA OCC
Recent CRA Performance Evaluations Recap: Achieving Outstanding2025 Community Reinvestment Act Performance Evaluations This year, RiskExec has been taking a closer look at Community Reinvestment Act (CRA) exam schedules and performance evaluation results. This month, the RiskExec CRA team is diving into recently issued CRA Performance Evaluations and sharing our insights on the CRA regulation and CRA compliance. While the regulators continue […]
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