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Topic: Financial Institutions

Community Reinvestment Act and the Impact of the New Rule in 2024
By Katelyn Crowley, CPA on January 24, 2024

What is the Community Reinvestment Act? The Community Reinvestment Act (CRA) was first enacted in 1977. CRA requires federal banking regulators to encourage financial institutions to help...

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CFPB Provides Exemptions to the HPLM Escrow Rules
By Bruce Rumbold, CCBCO on January 28, 2021

The Consumer Financial Protection Bureau (CFPB) is providing additional relief to financial institutions. On January 19, 2021, the CFPB issued a final rule amending the Bureau’s 2013...

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