Venue
Webinar

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Event Date Thu Jul 15 EDT (3 months ago)
Location Webinar
Region Americas
Details

Efforts to modernize the Community Reinvestment Act (CRA) began in 2010 and gained momentum last year when the OCC issued a rule to improve the CRA framework and FDIC jointly proposed new rules. But hopes for closure were short-lived as the FDIC ultimately abandoned the effort and the OCC recently announced the ditching of most of its 2020 rules. Meanwhile, the Fed is evaluating industry and advocate responses to 99 questions it posed on CRA modernization that may form the basis for uniform regulation. With an ever-changing landscape, along with some recent activity at the state-level, it’s important to evaluate the relevancy of CRA requirements on mortgage lending.

Join MBA and industry experts as they discuss the current state of modernization, including a survey of comments received by the Fed on key issues, prospects for modernization by the three federal regulators, and challenges in conducting a CRA program when the current rules are on the verge of being changed.

Objectives
• Overview of Community Reinvestment Act (CRA)
• Discuss efforts to modernize CRA
• Analyze CRA actions implemented by certain states
• Explain how legislative decisions effect CRA efforts & potential uniform regulation

Who Should Attend?
• In-house and outside counsel
• Compliance professionals
• Operations personnel
• CRA managers
• Branch managers and heads of production

Speakers

2021 Speakers

MODERATOR:

Fran Mordi
Vice President, Financial Accounting, Tax & Accounting Policy, Mortgage Bankers Association

SPEAKERS:

Caroline Eisner
Associate, Buckley LLP

J. Tyler Sines
Associate, Buckley LLP

Warren Traiger
Senior Counsel, Buckley LLP