Mortgage compliance has entered a new phase as we head towards 2026. The enforcement tone has softened, but complexity has grown. Federal oversight is evolving, state regulators are becoming more active, and technology continues to redefine how lenders manage risk. At RiskExec’s annual virtual event, RiskExec Connect 2025, Rob Chrisman and Robbie Chrisman of The […]
The rules have not changed, but the climate has. After years of expanding oversight and data transparency, fair lending and CRA enforcement have now entered a period of uncertainty. New Executive Orders, shifting priorities, and state-level actions are reshaping how compliance officers interpret risk. At RiskExec’s annual virtual event, RiskExec Connect 2025, Dr. Anurag Agarwal, […]
As part of RiskExec’s annual virtual event titled “RiskExec Connect 2025,” Arielle Sutherland, Director of Compliance Products at RiskExec, sat down with Dan Matthews, Director of Fair and Responsible Banking at Synovus, and Shannon Thomason, Senior Vice President and Deputy Chief Compliance Officer at Central Bank, to discuss how modernization is changing the way institutions […]
In a recent RiskExec panel webinar, leaders Annie Perizzolo of American Express and Chris Turner of FNBO shared firsthand insights from their 2025 Community Reinvestment Act (CRA) exam experiences. The discussion revealed significant shifts in regulatory expectations, and offered actionable strategies for financial institutions preparing for upcoming exams. The Evolving Landscape of CRA Exams Both […]
If HMDA reporting feels like an annual fire drill, you’re not alone. Many institutions still rely on reactive, year-end reviews instead of proactive year-round management. Shifting that mindset can turn a regulatory obligation into a measurable operational strength. This article outlines how leading institutions are building proactive HMDA processes that maintain accuracy, efficiency, and confidence […]
In this article, you’ll learn how HMDA compliance can become a strategic growth driver. We’ll explore five ways to put your HMDA data to work: Why HMDA Compliance Matters For years, the Home Mortgage Disclosure Act (HMDA) has been viewed as a regulatory burden or a "check-the-box" exercise for banks, credit unions, and mortgage companies. […]
The new Guaranteeing Fair Banking for All Americans Executive Order, signed on August 7, 2025, highlights the importance of ensuring that all Americans have fair and equitable access to banking and credit. As a software company dedicated to empowering financial institutions to manage regulatory compliance effectively and unlock new opportunities for growth, RiskExec has always […]
Extension 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 […]
At 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 […]
2025 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 […]
A review of recent CFPB enforcement action and Supervisory Highlights reveals numerous mentions of servicing practices across various financial products. State agencies have also taken action in response to servicing errors.
CFPB Changes Since its establishment in 2011 under the Dodd-Frank Act, the Consumer Financial Protection Bureau (CFPB) has played a pivotal role in financial services regulation, including the collection and compilation of mandated data. This responsibility notably includes Home Mortgage Disclosure Act (HMDA), originally enacted in 1975, with data collection authority shifting to the CFPB […]