In its January 5, 2026 release, the Office of the Comptroller of the Currency (OCC) identified 15 institutions rated “Outstanding” among Community Reinvestment Act (CRA) performance evaluations made public in December 2025. Across these evaluations, the OCC most often attributes “Outstanding” ratings to strong lending distribution results, community development activity framed as leadership or responsiveness, […]
Submitting 2025 HMDA LARs The submission deadline falls on a weekend this year, so we strongly encourage submitting by Friday, February 27, to avoid potential issues. During the last quarterly filing period, the CFPB site was placed into maintenance. In addition, CFPB support availability is likely to be limited or unavailable over the weekend of […]
On December 17, 2025, the Office of the Comptroller of the Currency (OCC) issued proposed guidance aimed at simplifying the strategic plan process under the Community Reinvestment Act (CRA) for community banks. The proposal, accompanied by an 80+-page supplemental guidance document, seeks to clarify expectations for measurable goals and the components required for regulatory approval. […]
Short regulatory comment periods are becoming more common across federal financial regulation. For financial institutions, preparing for short comment periods means having predefined governance, accessible data, and cross-functional coordination in place before a proposal is formally released so that meaningful, evidence-based feedback can be submitted within compressed timelines. When the Consumer Financial Protection Bureau (CFPB) […]
2026 Preparation 2026 File Year Users can now create Files, Datasets, or Assessment Area Sets for the 2026 file year. 2026 HMDA Edit Check Changes Edit Check Q621 has been removed for the 2026 file year due to redundancy with Edit Check V695. Edit Check V695 has been updated for the 2026 file year. Manage […]
Register Now for The 2026 Forum! The 2026 Forum, an Asurity event with premier sponsor RiskExec, brings together compliance, risk, and lending professionals from across the country for 2.5 days of collaboration and insight. Join industry leaders and regulatory experts to explore emerging trends in HMDA, Fair Lending, CRA, and the regulatory environment. RiskExec clients […]
Live Webinar! 1071 Update: Rethink, Refocus, and Realign Register for our 30-minute live webinar on December 10th at 1pm ET that will break down what has changed, what it means for your compliance roadmap, and how to keep your 1071 strategy on track before this proposal becomes final. Learn where to focus now, so your institution […]
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 […]
Fannie Mae Fair Servicing Fannie Mae recently published Fair Servicing Best Practices (“FSBP”). Developed with input from more than 30 mortgage servicers and community advocacy groups, the FSBP is intended to ensure Fannie Mae servicers are aware of the expectations that servicers will treat all borrowers fairly and consistently, and comply with the Equal Credit […]
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 […]
Misleading Marketing Laws As of January 1, 2024, mortgage companies soliciting consumers in Illinois will need to ensure their marketing materials do not run afoul of the state’s new law designed to protect consumers from being misled. The new law provides that any marketing materials from a mortgage company with no connection to the consumer’s […]
2024 HMDA FIG The CFPB announced that the Filing Instructions Guide (FIG) for Home Mortgage Disclosure Act (HMDA) data collected in 2024 is now available. The 2024 FIG is a technical resource to help financial institutions file HMDA data collected in 2024 and reported in 2025. They have also released the Supplemental Guide for Quarterly […]