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 […]
Knoxville, TN (June 12, 2025) – RiskExec, Inc. (“RiskExec®”), a leading compliance reporting and analytics software platform serving banks, mortgage lenders, credit unions, and non-traditional lenders, today announced Erik Pieczkowski as its new Chief Executive Officer. In tandem with this appointment, RiskExec also launched critical additions to its software, enabling institutions to swiftly meet the […]
RiskExec has been updated to include the following enhancements: Redlining Module Redlining Analysis: Peer Detail Tab Updates The count of branches for the target institution and the aggregate branch count of all lenders in a geography have been added to this tab. The branch counts include branches from the FDIC Summary of Deposits and from […]
Following the publication of this article, the Public File deadline was adjusted to January 1, 2026. CRA Public File Updates The recent lawsuit challenging the Community Reinvestment Act (CRA) File Rule may have added uncertainty to the implementation timeline, but one crucial aspect remains unchanged: your CRA Public File must be updated and readily available […]
Unlocking Insights: Analyzing the 2022 CRA Peer Data for Small Business, Small Farm and Community Development On December 20, 2023, the three Federal banking agency members of the Federal Financial Institutions Examination Council (FFIEC) with Community Reinvestment Act (CRA) responsibilities — the Board of Governors of the Federal Reserve System (Board), the Federal Deposit Insurance […]
Prescribing everyday solutions rather than one-time band-aids can yield a business infrastructure which is always forward-looking.