CRA/HMDA Compliance Manual for Financial Institutions

Author: Regulatory Compliance Associates, Inc.
Format: 3-Ring Binder w/CD
Frequency: 2 updates annually
Price: $525
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Even though it's been around since 1977, the Community Reinvestment Act (CRA) continues to be a thorny issue for bank compliance officers, as does the Home Mortgage Disclosure Act (HMDA). Community activist groups continue to look for opportunities to raise lending issues against banks, Congress continues to argue over CRA, and government agencies have promised continued scrutiny of both CRA and HMDA compliance.

Revised significantly in 1995, the CRA regulations were revised again with the passage of the Gramm-Leach-Bliley Act (GLBA). GLBA further changed CRA compliance procedures and created different specific requirements for small and large institutions.

This publication features many elements that make it the premier resource on compliance with CRA for financial institutions, including the following:

In-depth tracking of ratings and related ratios (in/out, loan-to-deposit, etc.)
Guidance for the investment performance test and the services performance test
In-depth profiles of current CRA examination results, from both the perspectives of those institutions that receive outstanding ratings, and alternatively, those that receive less than satisfactory ratings
The best practices approach to writing a performance context for your institution
Detailed case studies and examples of financial institution CRA management issues
Helpful points on areas to carefully scrutinize in HMDA reporting requirements
Details regarding CRA and HMDA internal controls and reporting considerations to use to review the "whole" institution for reporting requirements
A comprehensive archive of issuances, resources, and documents regarding financial institution CRA and HMDA concerns
A CD enhancement for quick reference and customization of sample materials.

About the Author

In 1988, Jerry Miller founded Regulatory Compliance Associates, Inc. (REGCOM) for the purpose of providing proactive regulatory compliance products and services to financial institutions. Mr. Miller was formerly with the Office of the Comptroller of the Currency (OCC) as a field examiner and member of the OCC Chicago Regional/District management team. He also served as Midwest practice leader for KPMG Peat Marwick’s Financial Institutions Regulatory Compliance Consulting Practice Group.

With a wide range of regulatory examination and financial institution experience, REGCOM’s staff has experience in assisting management and directorates of complying with regulations, design and development of individual regulatory compliance programs for financial institution clients of all sizes, training, and regulatory agencies, REGCOM is positioned to maintain the reputation earned as a valued resource for financial institutions’ regulatory risk needs. As author of numerous publications covering a variety of management and regulatory focus areas, REGCOM offers proactive information and solutions to all levels of staffing within the financial services industry.