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FFIEC Subcommittee Hearing on Appraisal Bias

Jan. 26, 2023 — To root out racial bias in the U.S. appraisal system, some experts say there’s no point in nibbling at the edges. Instead, they suggest tearing the...

FFIEC Appraisal Subcommittee Hearing on Appraisal Bias

Join the Federal Financial Institutions Examination Council’s Appraisal Subcommittee (ASC) for a hearing about appraisal bias. Invited witnesses representing key stakeholder groups will share their views with the ASC during...

FFIEC Webinar: Critical Infrastructure Security and Resilience Multifactor Authentication (MFA)

. The Federal Financial Institutions Examination Council (FFIEC) is offering a new Industry Outreach webinar on Friday, November 18, 2022, that focuses on multifactor authentication. The event sponsored by the...

FFIEC Releases 2021 Annual Report

The Federal Financial Institutions Examination Council (FFIEC) released its 2021 Annual Report this week. Click here to read the full report. Introductory Message from FFIEC Chairman Todd Harper I am...

Exam council releases exam info request ‘best practices’

(Jan. 28, 2022) Best practices for requesting examination information from banks, credit unions and other federally supervised financial institutions, and a common authentication solution for secure access to the regulators’...

Proposal attempts to clarify appraisal waiver processes

(Jan. 14, 2022) Clarifying processes available for federal regulators to consider temporary waiver relief for appraisals by making “a clear distinction” between a request by a state appraiser regulatory agency...

New section of BSA/AML exam manual released

(Dec. 3, 2021) One new section – focusing on assessments of money laundering practices — and updates to three existing parts of the Bank Secrecy Act/Anti-Money Laundering (BSA/AML) Examination Manual...

BRIEFLY: Tiny FCU conserved; Louisiana leader retires; OCC developing guidance on climate change risk; Exam Council revamps notification system

(Nov. 12, 2021) NCUA late last week placed the tiny Pomona Postal FCU of Pomona, Calif., into conservatorship, saying the credit union’s most recent call report shows it had 717...

Reminder: Use 2020 Census data for 2022 HMDA reporting

(Oct. 29, 2021) Credit unions, banks and other lenders should use census tract information provided in the 2020 Census for mortgage-related data collected beginning next year, CFPB said this week....

FFIEC gives a FIG for HMDA data filing

(Sept. 17, 2021) An updated “filing instructions guide” (FIG), as well as an updated supplemental guide for quarterly filers, for reporting Home Mortgage Disclosure Act (HMDA) data for 2022 has...

Council revises digital banking risk guidance

(Aug. 13, 2021) Revised guidance on effective authentication and access risk management principles and practices related to digital banking services and information systems was issued this week by NCUA and...

BRIEFLY: Welcome SingerLewak as latest associate member; Former Fed official to take Treasury office; NASCUS participates in FFIEC, SLC gatherings

(July 16, 2021) Welcome to accounting and consulting firm SingerLewak as the latest NASCUS associate member. Partner Sheila Balzer in the firm’s Denver operations is the leader for its expertise in state...