An inter-agency statement was jointly issued by the FDIC, OCC, FRB, and NCUA answering many of the frequently asked questions surrounding the new credit loss model, commonly referred to as CECL.
On December 16th, the Consumer Financial Protection Bureau (CFPB) released a blog posting announcing that fair lending will be a priority to the agency in 2017.
Learn about the latest regulatory compliance issues affecting banks and credit unions. Find out what regulations may be implemented soon, and how to comply with new regulations.
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