REFinBlog

Editor: David Reiss
Brooklyn Law School

December 10, 2018

Cutting Back on Community Reinvestment

By David Reiss

Bloomberg Law quoted me in Banks Look to Narrow Exams Under Community Reinvestment Act. It opens, Banks see an opening to limit the types of violations that could lead to a Community Reinvestment Act downgrade as federal regulators begin rewriting rules … Continue reading

June 16, 2017

Fox in The CRA Henhouse

By David Reiss

Law360 quoted me in Treasury’s Fair Lending Review Worries Advocates (behind a paywall). It reads, in part, President Donald Trump’s Treasury Department said Monday that revisiting a 1977 law aimed at boosting bank lending and branches in poor neighborhoods was a “high … Continue reading

May 11, 2016

Consumer Protection’s Holy Grail

By David Reiss

The Federal Financial Institutions Examination Council (FFIEC) has issued a notice and request for comment regarding the Uniform Interagency Consumer Compliance Rating System (the CC Rating System). The FFIEC’s six members represent the Federal Reserve Board, Federal Deposit Insurance Corporation, National Credit … Continue reading

June 18, 2015

What Is To Be Done with Mortgage Servicers?

By David Reiss

The Office of the Comptroller of the Currency has found that EverBank; HSBC Bank USA, N.A.; JPMorgan Chase Bank, N.A.; Santander Bank, National Association; U.S. Bank National Association; and Wells Fargo Bank, N.A. have not met all of the requirements of … Continue reading

June 30, 2014

Mortgage Market Trending in the Right Direction, but . . .

By David Reiss

The Office of the Comptroller of the Currency (OCC) released its OCC Mortgage Metrics Report, First Quarter 2014. the report is a “Disclosure of National Bank and Federal Savings Association Mortgage Loan Data,” and it “presents data on first-lien residential … Continue reading