228 loan - An Overview
228 loan - An Overview
Blog Article
The Board may alter a small bank ranking from “Satisfactory” to “Superb” for the establishment degree in which the bank requests and receives further thought for things to do that would qualify pursuant towards the Retail Products and services and Products Check in § 228.
A bank needed to report dwelling home finance loan loan info pursuant to twelve CFR component 1003 will have to incorporate in its general public file a prepared notice that the financial institution's HMDA Disclosure Assertion could possibly be attained on The buyer Money Protection Bureau's (CFPB's) Web-site at:
(ii) If a significant bank is no more needed to delineate a retail lending evaluation spot previously determined inside the plan because of not Conference the necessary retail lending evaluation spot thresholds pursuant to § 228.
(i) The retail lending demands of its facility-primarily based assessment regions, retail lending assessment places, and outside retail lending area that are included with the system. A financial institution that originates or purchases loans in an item line evaluated pursuant for the Retail Lending Exam in § 228.
(A) The Board considers the electronic delivery techniques along with other delivery units of the next banking companies:
(i) All the knowledge needed to the financial institution's community file needs to be managed at the leading Place of work and, if an interstate lender, at a person department Business in each State; and
The CRA and this aspect never demand a lender to originate or invest in loans or investments or to supply services that happen to be inconsistent with Risk-free and seem banking procedures, including underwriting expectations.
) A financial institution may use substitute weights for combining the borrower and geographic distribution analyses for big item line(s) or other loan merchandise.
If you want to to touch upon the current information, be sure to use the 'Content material Comments' button under for Recommendations on getting in contact with the issuing agency
The lender allocates the deposits for which a deposit locale is not really accessible to the nationwide location. Annual deposits must be calculated based on ordinary each day balances as presented in statements including monthly or quarterly statements. Any other lender that opts to collect and maintain the info On this paragraph (a)(seven) have to achieve this in exactly the same variety and for the same period as described With this paragraph (a)(7).
An intermediate lender or a little financial institution for which car loans are a product line may gather and sustain within here a format from the bank's choosing, such as within an Digital type prescribed from the Board, till the completion of the lender's following CRA examination in which the information are evaluated, the data explained in paragraphs (a)(2)(iii)(A) through (File) of this part for every automobile loan originated or acquired by the bank throughout the analysis period.
상세한 안내를 받고 싶으신 경우 네이버 고객센터로 문의주시면 도움드리도록 하겠습니다. 건강한 인터넷 환경을 만들어 나갈 수 있도록 고객님의 많은 관심과 협조를 부탁드립니다.
Pursuant to § 228.28 and appendix C to this component, the Board assigns conclusions for a lender's Local community Progress Companies Examination efficiency in Each and every facility-based evaluation location, Every Point out or multistate MSA, as applicable, and for the establishment.
A lender need to maintain a community file, in possibly paper or digital format, that features the following facts: