To guard against headwinds in the agricultural sector, the Federal Deposit Insurance Corp. recommended that institutions consider the “overall financial status” of farm loan borrowers. ... Read full article
The central bank’s refusal to join the OCC and FDIC in revamping the Community Reinvestment Act sends an unmistakable message that their proposal is deeply flawed. ... Read full article
On Sep. 30, 2019. Dollars in thousands. ... Read full article
The OCC and FDIC have moved in the right direction by proposing reforms to the Community Reinvestment Act. Now it’s time for the Federal Reserve to join. ... Read full article
Comptroller of the Currency Joseph Otting explains why his agency and the Federal Deposit Insurance Corp. have moved forward with a proposal to change the 42-year-old CRA. ... Read full article
On Jun. 30, 2019. Dollars in thousands. ... Read full article
The legislation takes aim at third-party bank service vendors, the backlog of FHA appraisals, rural housing assistance and other issues where there is broad agreement. ... Read full article
Seeking to expand financial services access, tribal officials and some firms want regulators to award Community Reinvestment Act credit to any bank that funds projects in Native American communities. ... Read full article
America's farms have taken on near-record levels of debt in recent years, and commodity prices and trade wars are putting pressure on farm country. That could spell bad news for bankers that lend to them. ... Read full article
On Mar. 31, 2019. Dollars in thousands. ... Read full article
Senior officials at the OCC, FDIC and Fed signaled they agree more than they disagree on a plan to modernize the Community Reinvestment Act. ... Read full article
The current debate around changes to the Community Reinvestment Act should include discussions about how the law can be used to better support low-income communities in remote areas. ... Read full article
On Dec. 31, 2018. Dollars in thousands. ... Read full article
A recent proposal to allow the government-sponsored enterprise to offer more credit in agricultural regions is deeply flawed. ... Read full article
The banking industry has long been critical of the government-sponsored enterprise, but the system could provide valuable banking services to large swaths of the country currently lacking access to them. ... Read full article
On Sept. 30, 2018. Dollars in thousands. ... Read full article
Can farmers — and the banks that lend to them — survive Trump's trade war? ... Read full article
Bankers complain that the quasi-governmental system's new program designed to make more residential loans in four states goes well beyond its original mission. ... Read full article
On Jun. 30, 2018. Dollars in thousands. ... Read full article
On Mar. 31, 2018. Dollars in thousands. ... Read full article
