Special Release

On June 18, 2025, the CFPB published an interim final rule effective on July 18, 2025, postponing the effective date of Regulation B implementation of the Section 1071 Small Business Data Collection Rule. The summary states: In light of court orders in ongoing litigation, the Consumer Financial Protection Bureau (CFPB or Bureau) is amending Regulation […]

Sometime in April 2025, HUD updated the SCRA notice of servicemember rights which is to be provided to all mortgage loans which are delinquent. TCA – A Better Way!

If your regulator is the FDIC, FRB or NCUA, you can stop reading here unless you wish to broaden your knowledge. TCA – A Better Way!

On March 28, 2025, the FDIC, Federal Reserve Board and the OCC issued a joint press release to announce their intent to issue a proposal to rescind the Community Reinvestment Act (CRA) final rule issued in October 2023 and reinstate the CRA Framework that existed prior to the October 2023 final rule. The goal of

April brings many special events – baseball’s home opener, spring showers to bring May flowers, and let’s not forget the CRA Public File update. TCA – A Better Way!

We received an email asking if the National Flood Insurance Program (NFIP) had been reauthorized. The NFIP is not authorized perpetually and can only be “reupped” by Congress. TCA – A Better Way!

If you are a federally chartered institution or a state-chartered institution in any state OTHER than Illinois, you can stop reading here unless you are interested. Like some other states, Illinois passed their own Community Reinvestment Act statute in March of 2021 which can be found at 205 ILCS 735. Part of that law requires

The FDIC delayed the implementation date for the updates to 12 CFR 328.4 (Signs for automated teller machines and like devices) and 328.5 (Signs for digital deposit-taking channels) which were originally to go into effect as of January 1, 2025, and postponed to May 1, 2025. TCA – A Better Way!

If you are a HMDA filer, CFPB has made the filing process more secure or more complicated depending on your viewpoint. According to this quick reference guide, effective January 1, 2025 a Login.gov login, which includes multifactor authentication (MFA), will be required to file your institution’s 2024 HMDA data. Users will no longer have the

On December 27, 2024 the Consumer Financial Protection Bureau (CFPB) amended the Home Mortgage Disclosure Act (Regulation C) and on December 23, 2024 the Truth in Lending Act (Regulation Z), adjusting the asset-size exemption thresholds for banks, savings associations, and credit unions. TCA – A Better Way!