2010 Census Data: What it means for HMDA, CRA, and Fair Lending Compliance?
|
|
|
- Alison Haynes
- 7 years ago
- Views:
Transcription
1 2010 Census Data: What it means for HMDA, CRA, and Fair Lending Compliance? Outlook Live Webinar June 21, 2012 Glenn Canner, Senior Adviser Board of Governors Rachel Webster, Director of Examinations Federal Reserve Bank of Atlanta Visit us at informational purposes, and are not formal opinions of, nor binding on,
2 Central to CRA, HMDA & Fair Lending Census data used to evaluate lending, services, and investment activity for regulated institutions, their regulators and the public at large Income data used to categorize census tracts and borrowers by relative median family income (MFI) Regulated entities can qualify lending across income groups and compare to peers or broader market Regulators can evaluate institution performance Public can track performance and respond Race data used in fair lending and redlining analysis Population and housing data provide context 2
3 Key Census Sources Census 2010 (decennial census) is complete population count and source for: Race and ethnicity data American Community Survey (ACS) Replaces long form of decennial census Source of income and population and housing data Conducted annually; but relatively small sample size About 2.9 million households nationwide Insufficient size for annual census tract estimates Combined ACS provides income estimates for: Census tract income classification Borrower income classification 3
4 Timeline for Key Census & FFIEC Releases Summer 2011: Census Bureau released 2010 decennial census, uses 2010 tract boundaries December 2011: Census Bureau released ACS data January 2012 Reporters started geocoding 2012 CRA and HMDA reportable loans using 2010 census tract identifiers FFIEC updated on-line geocoding system using 2010 street address/census tract correspondence FFIEC released updated MFI estimates for census tracts 4
5 Timeline for Key Census & FFIEC Releases (continued) March 2012: Reporters submit 2011 HMDA and CRA data using 2000 census tract geographies and income June 2012: FFIEC releases updated Census demographic file including population and housing characteristics (e.g., age of housing stock) and list of distressed census tracts 5
6 Changes Affect CRA, Fair Lending & HMDA Data Assessments Three key changes affect census tract relative income classifications: Income updates Revised geographic dimensions of census tracts Revisions to MSA designations by Office of Management and Budget (OMB) 6
7 Income Updates from ACS Income updates lead to revised classifications of census tracts by relative median family income Revised classifications arise from: 1. New MFI estimates from each census tract - The numerator - The FFIEC will use ACS estimates for 5 years and then update again for 5 years» For 2010,income estimates are not available for about 1,000 census tracts or.72% of total 2. New MFI estimates for each broader area (MSA or non-msa portion of state) - The denominator - The denominator is included in the ACS Data Comparing 2000 Classifications with classifications: - Find increased share of LMI tracts and fewer middle income 7
8 Census Tract Income Comparison Census tract income profile, 2000 census compared with the ACS Census tract income group 2000 census MSA Non-MSA National ACS 2000 census ACS 2000 census ACS Low 7.3% 9.1% 0.8% 1.6% 6.1% 7.8% Moderate 23.7% 23.5% 13.8% 16.2% 21.9% 22.2% Middle 43.8% 39.6% 73.2% 65.8% 49.4% 44.3% Upper 25.1% 27.8% 12.2% 16.5% 22.7% 25.7% Total 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 8
9 Population Updates from 2010 Census Population updates from 2010 Census lead to revised classifications of census tracts by race and ethnicity Revised classifications arise from both changes in the composition of the population but also revised geographic boundaries of census tracts Most notable change is the smaller share of predominately non-hispanic White census tracts 9
10 Population Comparison Census tract racial profile, 2000 census compared with the ACS MSA Non-MSA National Census tract race composition 2000 census ACS 2000 census ACS 2000 census ACS Less than 10% 28.3% 19.9% 57.9% 50.9% 33.8% 25.5% 10%-49% 43.0% 47.7% 32.1% 37.9% 40.9% 46.0% 50%-79% 12.9% 16.4% 6.8% 8.1% 11.8% 14.9% 80% or greater 15.8% 16.0% 3.3% 3.1% 13.4% 13.7% Total 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 10
11 Revised Census Tract Boundaries Reflecting population changes due to births, deaths and in- or outmigration and changing infrastructure (for example, new highways) the 2000 census tract boundaries have been revised These changes alter the count and composition of the population and housing in an area and lead to changes in area characteristics (income, population and housing) These physical boundary changes can lead to changes in census tract income classifications 11
12 Revised Census Tract Boundaries (continued) In 2000, there were 66,309 census tracts In 2010, there are 74,002 census tracts 46.5% of 2010 tracts have the same land area as in % of 2010 tracts were 95% or more similar based on land area in 2000 Remaining tracts were either split, merged, or some other combination that was substantially different from
13 Measuring Possible Effects of Revised Income Estimates To measure effects of revised census tract income classifications took the MFI estimates for each tract and its broader area (MSA or non-msa) and compared to income classification based on 2000 census Tracts first sorted based on 2000 MFI grouping (low, moderate, middle or upper) and then revised income classification ONLY used tracts with little or no boundary change Excludes about 30% of tracts Transition matrix is the resulting outcome Use three measures: Number of census tracts Number of loans (used 2010 lending) Number of branch offices 13
14 Transition Effects of the Revised 2010 Census Data on Census Tracts 14
15 Transition Effects of the Revised 2010 Census Data on Lending 15
16 Transition Effects of the Revised 2010 Census Data on Branches 16
17 Measuring Possible Effects of Revised Racial & Ethnic Population Counts The 2010 Census updates race and ethnicity population counts for each census tract using the 2010 census tract boundaries To estimate the potential effects, we again use the 72% of tracts that had little or no change in boundaries Created four minority population share groups: Low minority Less than 10% Moderate minority 10% - 49% Middle minority 50% - 79% High (or predominately) minority 80% or more Transition analysis is based on count of census tracts 17
18 Transition Effects of the Revised Data on Census Tracts 18
19 OMB MSA Designations Revised MFI classifications will occur when OMB designates a revised list of MSAs OMB plans to announce delineations of areas based on the 2010 census in 2013 New MSA designations will alter the geographic boundaries of the broader areas used in the denominator of MFI relative income classifications These changes can lead to significant changes in classifications, particular in census tracts that were Rural and become MSA MSA and become rural 19
20 Effects of MSA Redesignation in entirely new MSAs were added in 2003 Large number of old MSAs were modified Counties added to or dropped from old boundaries 98% of all census tracts were affected in some fashion Most effects slight Vast majority had no change in MFI CRA classification About 6% of tracts experienced a shift in relative tract income Most shifts were to or from middle-income category» About 1.2% lost CRA eligibility» About 1.4% gained CRA eligibility 20
21 MSA Redesignation on Census Tract Income Classification, by 2004 Census Tracts 21
22 MSA Redesignation on Census Tract Income Classification, by 2004 Loans 22
23 Effects of MSA Redesignation on Borrower Income Classification, by 2004 Loans 23
24 Data and Timeline Recap June 2012 FFIEC scheduled to release 2010 census tract demographic information (including population and housing characteristics) Third Quarter 2012 Federal Reserve System to begin using updated 2010 census information for supervisory activities January 2013 OMB to release new 2010 MSA delineation standards 24
25 Data and Timeline Recap (continued) FFIEC will use the 2010 ACS five year data to recreate a new base file Tract Income data Race and Ethnicity data HUD Estimated Metropolitan Family Income (MFI) will be replaced by the ACS Estimated Metropolitan Median Family Income Listing (ACS MFI) 25
26 ACS Data is updated annually Population, housing and income Race and Hispanic origin Age, sex, disability Housing characteristics Other data ACS Data Review Provides performance context to help evaluate CRA performance Different data sets available 1-year, 3-year, and 5-year estimates May select a longer or shorter time period of data depending on need Time period under review Need for more or less precision Helpful for establishing performance context for a CRA evaluation Can provide more current demographic information for a fair lending review 26
27 CRA Examinations Which census data should I use for my CRA assessment? CRA performance assessment using HMDA and small business loan data from 2011 or earlier should be analyzed using 2000 Census data CRA performance using HMDA and small business loan data from 2012 (going forward) should be analyzed using 2010 Census data Remember the next demographic data update will occur in 2015 If an assessment or examination include HMDA and small business loan data from both 2011 and 2012 Analyze 2011 loan data using 2000 Census data Analyze 2012 loan data using 2010 Census data 27
28 Community Development Activities The eligibility of a loan, investment, or service as a community development activity is based on the demographic information available at the time the activity is undertaken Loans, investments, or services performed before or during 2011 are assessed using 2000 Census data Loans, Investments, or services performed during 2012 (or beyond) are assessed using 2010 Census data 28
29 Assessment Area Review Review your designated assessment areas to determine if changes to the designation are warranted Did Geographic changes affect your assessment area? Some MSA changes Tract boundaries have changed Increase in low-, mod, and upper-income tracts nationally About 28% of census tracts are substantially different in 2010 than they were in
30 Assessment Area Review (continued) Did Geographic changes affect your assessment area? (continued) Reevaluate your bank s lending distribution using updated census data Loans that qualified as LMI previously may not qualify with new tract income categories Branch distribution considerations Will changes affect where certain activities take place? Additional LMI tracts may open more opportunities for community development activities 30
31 Fair Lending Examination Considerations Changes to demographic make-up of the bank s market Revised classifications of census tracts by race and ethnicity based on 2010 Census data Changes in the population composition Revised geographic boundaries Notable decline in non-hispanic White census tracts 31
32 Fair Lending Examination Considerations (continued) Changes to population by race Large percentage increase in minority populations Relatively small percentage increase in white population overall Changes to population by ethnicity Large increase in Hispanic or Latino Ethnicities 32
33 Fair Lending Self Assessments Review lending in your market in light of new census data (including demographic data available through ACS) How have the demographics changed in the bank s lending territory (assessment area)? Percentage of minority loan applications comparable to the demographic make-up of the lending territory (assessment area)? Percentage of lending to minority borrowers comparable to the demographic makeup of the lending territory (assessment area)? How does the bank s lending compare to the new demographic make-up? Should marketing strategies be reassessed? Are minority tracts being penetrated? Considering new demographic data, do lending patterns create any redlining concerns? 33
34 Summary Census changes and forthcoming OMB MSA designations will affect CRA and fair lending evaluations and enforcement Regulated entities need to prepare for CRA reviews Review 2010 and 2011 lending in light of new census changes to CRA to see if CRA eligible shares change Review initial 2012 lending in the context of the new MFI census tract income changes and boundary changes Review branch distributions in light of new census changes Regulated entities need to prepare for fair lending reviews Review lending in light of new census racial and ethnic composition Review lending in light of new housing stock characteristics 34
35 Useful Links and Resources American Community Survey (ACS) Census 2010 for race and ethnicity data FFIEC release of MFI estimates FFIEC publications, including: A Guide to CRA Data Collection and Reporting A Guide to HMDA Reporting (Getting it Right!) CRA/HMDA Reporter Newsletter Distressed and Underserved Tract List 35
36 Useful Links and Resources (Continued) CA 12-4 Guidance on Usage of 2010 Data in Community Reinvestment Act Examinations A Banker s Quick Reference Guide to CRA Federal Reserve Bank of Dallas (as amended effective Sept. 1, 2005) CRA Loan Data Collection Grid Federal Reserve Bank of Dallas (revised September 2006) 36
A Banker s Quick Reference Guide to CRA
Federal Reserve Bank of Dallas A Banker s Quick Reference Guide to CRA As amended effective September 1, 2005 This publication is a guide to the CRA regulation and examination procedures. It is intended
PUBLIC DISCLOSURE COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION
PUBLIC DISCLOSURE February 22, 2010 COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION Community Bank of Bergen County RSSD No. 275509 18 Railroad Avenue Rochelle Park, New Jersey 07662 FEDERAL RESERVE
CRA Wiz and Fair Lending Wiz 6.8 Release Notes
CRA Wiz and Fair Lending Wiz 6.8 Release Notes Overview Who should install this update? All users of CRA Wiz and Fair Lending Wiz 6.7 are strongly encouraged to upgrade to Version 6.8. V6.8 is a full release
Federal Reserve Bank of Dallas A Banker s Quick Reference Guide to CRA
Federal Reserve Bank of Dallas A Banker s Quick Reference Guide to CRA This publication is a guide to the CRA regulation and examination procedures. It is intended for bank CEOs, presidents, and CRA and
Reports - Findings from Analysis of Nationwide Summary Statistics for 2013 Community Reinvestment Act Data Fact Sheet (August 2014)
Reports - Findings from Analysis of Nationwide Summary Statistics for 2013 Community Reinvestment Act Data Fact Sheet (August 2014) This analysis is based on data compiled by the three federal banking
PUBLIC DISCLOSURE COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION WEYMOUTH BANK CERT # 26548 WEYMOUTH BANK 744 BROAD STREET WEYMOUTH, MA 02189
PUBLIC DISCLOSURE March 25, 2014 COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION WEYMOUTH BANK CERT # 26548 WEYMOUTH BANK 744 BROAD STREET WEYMOUTH, MA 02189 Division of Banks 1000 Washington Street
An Introduction to the Community Reinvestment Act. John Meeks Atlanta Region FDIC Community Affairs
An Introduction to the Community Reinvestment Act John Meeks Atlanta Region FDIC Community Affairs What is the CRA? CRA stands for: The Community Reinvestment Act of 1977 revised in 1989, 1995, and 2005.
CRA Wiz and Fair Lending Wiz - Datasets
CRA Wiz and Fair Lending Wiz - Datasets The table below illustrates all additional datasets our customers will be expected to receive during each calendar year: Dataset Description Frequency of Distribution
PUBLIC DISCLOSURE COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION
PUBLIC DISCLOSURE January 12, 1998 COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION Community Bank of Bergen County 02-34-1865 125 West Pleasant Avenue Maywood, New Jersey 07607 Federal Reserve Bank of
Neighborhood Diversity Characteristics in Iowa and their Implications for Home Loans and Business Investment
Neighborhood Diversity Characteristics in Iowa and their Implications for Home Loans and Business Investment Liesl Eathington Dave Swenson Regional Capacity Analysis Program ReCAP Department of Economics,
Assessing Your Lending Performance
Assessing Your Lending Performance Objectives Provide you with some tools and information to help you dig into your bank s performance 2 What Should You Do? Determine Primary Products Understand Lending
209 CMR 54.00: MORTGAGE LENDER COMMUNITY INVESTMENT
Section 209 CMR 54.00: MORTGAGE LENDER COMMUNITY INVESTMENT 54.11: Authority, Purposes, and Scope 54.12: Definitions 54.21: Performance Tests, Standards, and Ratings, in General 54.22: Lending Test 54.23:
The Importance of Understanding and Developing a CRA
CRA Basics Objectives Upon completion of this session you should: Become more familiar with the history/purpose of CRA; Become more familiar with terms and definitions under the CRA regulation; Introduce
Small Institutions Examination Procedures and Sample Format for Public Disclosure of Examination Results
Small Institutions Examination Procedures and Sample Format for Public Disclosure of Examination Results The Examination Procedures for Small Institutions (which include the CRA Ratings Matrix for Small
COMMUNITY REINVESTMENT ACT
COMMUNITY REINVESTMENT ACT EXAMINATION PROCEDURES FOR LARGE INSTITUTIONS Examination Scope For institutions (interstate and intrastate) with more than one assessment area, identify assessment areas for
PUBLIC DISCLOSURE. May 29, 2012 COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION. Midland FS&LA Charter Number 704475
SMALL BANK Comptroller of the Currency Administrator of National Banks Washington, DC 20219 PUBLIC DISCLOSURE May 29, 2012 COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION Midland FS&LA Charter Number
EXAMINATION PROCEDURES FOR LARGE INSTITUTIONS... 2 EXAMINATION SCOPE... 2 PERFORMANCE CONTEXT... 3 ASSESSMENT AREA... 4
TABLE OF CONTENTS EXAMINATION PROCEDURES FOR LARGE INSTITUTIONS... 2 EXAMINATION SCOPE... 2 PERFORMANCE CONTEXT... 3 ASSESSMENT AREA... 4 LENDING, INVESTMENT, AND SERVICE TESTS FOR LARGE RETAIL INSTITUTIONS...
PUBLIC DISCLOSURE COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION
PUBLIC DISCLOSURE April 04, 2016 COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION First National Bank Eastern Arkansas Charter 13637 101 North Washington Street Forrest City, AR 72335 Office the Comptroller
PUBLIC DISCLOSURE COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION
FEDERAL RESERVE BANK OF NEW YORK 0 PUBLIC DISCLOSURE October 15, 1996 COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION Community Bank of Bergen County 02-34-1865 125 West Pleasant Avenue Maywood, New
PUBLIC DISCLOSURE COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION
PUBLIC DISCLOSURE December 08, 2014 COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION The Pennsville National Bank Charter 15733 170 South Broadway Pennsville, NJ 08070 Office of the Comptroller of the
Characteristics of Home Mortgage Lending to Racial or Ethnic Groups in Iowa
Characteristics of Home Mortgage Lending to Racial or Ethnic Groups in Iowa Liesl Eathington Dave Swenson Regional Capacity Analysis Program ReCAP Department of Economics, Iowa State University September
PUBLIC DISCLOSURE COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION
Comptroller of the Currency Administrator of National Banks SMALL BANK PUBLIC DISCLOSURE November 2, 1998 COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION Heritage National Bank Charter Number 13973 2700
PUBLIC DISCLOSURE COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION
SMALL BANK Comptroller the Currency Administrator National Banks Washington, DC 20219 PUBLIC DISCLOSURE September 18, 2006 COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION Equity Bank, A National Association
INTERMEDIATE SMALL BANK
O INTERMEDIATE SMALL BANK Comptroller of the Currency Administrator of National Banks Washington, DC 20219 PUBLIC DISCLOSURE November 2, 2009 COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION CorTrust
PUBLIC DISCLOSURE. March 17, 2008 COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION. Pioneer Trust Bank, National Association Charter Number 21060
O SMALL BANK Comptroller the Currency Administrator National Banks Washington, DC 20219 PUBLIC DISCLOSURE March 17, 2008 COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION Pioneer Trust Bank, National Association
PUBLIC DISCLOSURE COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION
PUBLIC DISCLOSURE April 4, 2016 COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION American Bank, National Association Charter 17319 200 West Highway 6, Waco, TX 76712 Office of the Comptroller of the Currency
PUBLIC DISCLOSURE COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION
SMALL BANK Comptroller of the Currency Administrator of National Banks PUBLIC DISCLOSURE September 30, 2002 COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION The City National Bank of Taylor Charter 5275
PUBLIC DISCLOSURE. November 18, 2008 COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION. American National Bank Charter Number 22841
O SMALL BANK Comptroller of the Currency Administrator of National Banks Washington, DC 20219 PUBLIC DISCLOSURE November 18, 2008 COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION American National Bank
PUBLIC DISCLOSURE. January 22, 2007 COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION. Virginia Heritage Bank. 11166 Fairfax Boulevard
PUBLIC DISCLOSURE January 22, 2007 COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION Virginia Heritage Bank 3374298 11166 Fairfax Boulevard Fairfax, Virginia 22030 Federal Reserve Bank of Richmond P. O.
PUBLIC DISCLOSURE COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION
PUBLIC DISCLOSURE March 31, 2014 COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION Presidential Bank, FSB Charter Number: 708186 4520 E West Highway Bethesda, MD 20814 Office of the Comptroller of the
Public Disclosure. Community Reinvestment Act Performance Evaluation
Comptroller of the Currency Administrator of National Banks LARGE BANK Public Disclosure September 20, 1999 Community Reinvestment Act Performance Evaluation Community Bank, N.A. Charter Number: 8531 45-49
Racial and Ethnic Disparities in 2011 Ohio Mortgage Lending
Racial and Ethnic Disparities in 2011 Ohio Mortgage Lending KRISSIE WELLS KI-DUK PARK March 2013 HOUSING RESEARCH & ADVOCACY CENTER 2728 EUCLID AVENUE, SUITE 200 CLEVELAND, OHIO 44115 (216) 361-9240 (PHONE)
PUBLIC DISCLOSURE COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION
Small Bank Performance Evaluation PUBLIC DISCLOSURE November 30, 1998 COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION Guaranty National Bank of Tallahassee Charter Number 21162 111 South Monroe Street
An Introduction to the Community Reinvestment Act for Tribal Communities. Gloria Reynolds Community Affairs Specialist FDIC August 8 th 2013
An Introduction to the Community Reinvestment Act for Tribal Communities Gloria Reynolds Community Affairs Specialist FDIC August 8 th 2013 What is the CRA? CRA stands for The Community Reinvestment Act
GAO. FEDERAL RESERVE BOARD Merger Process Needs Guidelines for Community Reinvestment Issues
GAO United States General Accounting Office Report to the Honorable Maxine Waters and the Honorable Bernard Sanders, House of Representatives September 1999 FEDERAL RESERVE BOARD Merger Process Needs Guidelines
PUBLIC DISCLOSURE. December 17, 2007 COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION. Excel National Bank Charter Number 24493
O SMALL BANK Comptroller of the Currency Administrator of National Banks Washington, DC 20219 PUBLIC DISCLOSURE December 17, 2007 COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION Excel National Bank Charter
PUBLIC DISCLOSURE JANUARY 8, 2015 MORTGAGE LENDER COMMUNITY INVESTMENT PERFORMANCE EVALUATION NEW FED MORTGAGE CORP. MC1881
PUBLIC DISCLOSURE JANUARY 8, 2015 MORTGAGE LENDER COMMUNITY INVESTMENT PERFORMANCE EVALUATION NEW FED MORTGAGE CORP. MC1881 98 HIGH STREET DANVERS MA. 01923 DIVISION OF BANKS 1000 WASHINGTON STREET BOSTON
INTERMEDIATE SMALL BANK
INTERMEDIATE SMALL BANK Comptroller of the Currency Administrator of National Banks Washington, DC 20219 PUBLIC DISCLOSURE May 29, 2012 COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION Wolverine Bank,
PUBLIC DISCLOSURE. February 2, 2010 MORTGAGE LENDER COMMUNITY INVESTMENT PERFORMANCE EVALUATION EMBRACE HOME LOANS, INC. MC 0195
PUBLIC DISCLOSURE February 2, 2010 MORTGAGE LENDER COMMUNITY INVESTMENT PERFORMANCE EVALUATION EMBRACE HOME LOANS, INC. MC 0195 25 ENTERPRISE CENTER NEWPORT, RI 02842 DIVISION OF BANKS ONE SOUTH STATION
Home-Mortgage Lending Trends in New England in 2010
January 212 No. 212-1 Home-Mortgage Lending Trends in New England in 21 Ana Patricia Muñoz The views expressed in this paper are solely those of the author and do not necessarily represent those of the
NMTC CENSUS DATA TRANSITION FAQS
NMTC CENSUS DATA TRANSITION FAQS 1. What does the census data transition mean for the New Markets Tax Credit (NMTC) Program?... 2 2. How will I be able to use the 2006-2010 ACS Low-Income Community data
Data Point: Credit Invisibles
DRAFT Data Point: Credit Invisibles The CFPB Office of Research May 2015 Kenneth P. Brevoort Philipp Grimm Michelle Kambara This is another in an occasional series of publications from the Consumer Financial
PUBLIC DISCLOSURE COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION
SMALL BANK Comptroller of the Currency Administrator of National Banks PUBLIC DISCLOSURE November 6, 2002 COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION City National Bank Of New Jersey Charter 16142
Community Investments Vol. 11, Issue 2 Hot Tips: Q & A
Community Investments Vol. 11, Issue 2 Hot Tips: Q & A Author(s): Jeanine Catalano, Fair Lending and CRA Consultant and Carol Cordova, Vice President, Bankers' Compliance Group, Inc. September 1999 Each
Information regarding Mortgage Lending indicators in NEO CANDO
Mortgage Lending I. Definitions A lending institution is a bank, savings institution, credit union or mortgage company. A bank, savings institution, or credit union is required to report HMDA data if within
PUBLIC DISCLOSURE. December 3, 2012 COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION. Bank of Sacramento RSSD # 2714217
PUBLIC DISCLOSURE December 3, 2012 COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION Bank of Sacramento RSSD # 2714217 1750 Howe Avenue, Suite 100 Sacramento, California 95825 Federal Reserve Bank of San
Tips for Reporting Accurate HMDA and CRA Data
Tips for Reporting Accurate HMDA and CRA Data Outlook Live Webinar - November 17, 2010 Cindy J. Anderson, Senior Examiner Karin Modjeski Bearss, Senior Examiner Visit us at www.consumercomplianceoutlook.org
Public Disclosure. Community Reinvestment Act Performance Evaluation
Comptroller of the Currency Administrator of National Banks SMALL BANK Public Disclosure January 4, 1999 Community Reinvestment Act Performance Evaluation FIRST INTERSTATE BANK OF ALASKA, N.A. Charter
INTERMEDIATE SMALL BANK
INTERMEDIATE SMALL BANK Comptroller of the Currency Administrator of National Banks Washington, DC 20219 PUBLIC DISCLOSURE October 15, 2012 COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION CorTrust Bank
PUBLIC DISCLOSURE COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION
SMALL BANK Comptroller of the Currency Administrator of National Banks Washington, DC 20219 PUBLIC DISCLOSURE July 1, 2004 COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION Eastbank, National Association
TheHow and Why of Having a Computer Wall Street
O LARGE BANK Comptroller of the Currency Administrator of National Banks Washington, DC 20219 Public Disclosure July 9, 2007 Community Reinvestment Act Performance Evaluation Texas Capital Bank, National
PUBLIC DISCLOSURE COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION
WHOLESALE Comptroller of the Currency Administrator of National Banks PUBLIC DISCLOSURE January 5, 2004 COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION CORUS Bank, N.A. Charter Number: 23005 3959 North
PUBLIC DISCLOSURE. October 29, 2012 COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION. Share Plus Federal Bank Charter Number 717972
SMALL BANK Comptroller of the Currency Administrator of National Banks Washington, DC 20219 PUBLIC DISCLOSURE October 29, 2012 COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION Share Plus Federal Bank
PUBLIC DISCLOSURE. March 02, 2009 COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION. First National Bank of Michigan Charter Number 24637
O SMALL BANK Comptroller of the Currency Administrator of National Banks Washington, DC 20219 PUBLIC DISCLOSURE March 02, 2009 COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION First National Bank of Michigan
INTERMEDIATE SMALL BANK
INTERMEDIATE SMALL BANK Comptroller of the Currency Administrator of National Banks Washington, DC 20219 PUBLIC DISCLOSURE July 16, 2012 COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION First Bankers
PUBLIC DISCLOSURE COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION
PUBLIC DISCLOSURE August 03, 2015 COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION The First National Bank of Durango Charter Number 2637 259 West 9th Street Durango, CO 81302 Office of the Comptroller
INTERMEDIATE SMALL BANK
INTERMEDIATE SMALL BANK Comptroller of the Currency Administrator of National Banks Washington, DC 20219 PUBLIC DISCLOSURE May 21, 2012 COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION Universal Bank
PUBLIC DISCLOSURE. April 4, 2012 MORTGAGE LENDER COMMUNITY INVESTMENT PERFORMANCE EVALUATION CRESCENT MORTGAGE COMPANY ML4247
PUBLIC DISCLOSURE April 4, 2012 MORTGAGE LENDER COMMUNITY INVESTMENT PERFORMANCE EVALUATION CRESCENT MORTGAGE COMPANY ML4247 5901 Peachtree Dunwoody Road Suite 250, Bldg C Atlanta, GA 30328 DIVISION OF
PUBLIC DISCLOSURE. August 24, 1998 COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION
Comptroller of the Currency Administrator of National Banks Limited Purpose Midwestern District Office 2345 Grand Blvd., Suite 700 Kansas City, Missouri 64108 PUBLIC DISCLOSURE August 24, 1998 COMMUNITY
GENERAL INFORMATION. INSTITUTION'S CRA RATING: This institution is rated ASatisfactory@.
GENERAL INFORMATION The Community Reinvestment Act (CRA) requires each federal financial supervisory agency to use its authority when examining financial institutions subject to its supervision, to assess
Using Census Data in your GIS. Craig Best Supervisory Geographer Kansas City Regional Office
Using Census Data in your GIS Craig Best Supervisory Geographer Kansas City Regional Office 1 Objectives Understand Census Geographic Identifiers Understand how to obtain geographic files Understand how
The Home Mortgage Disclosure Act History, Evolution, and Limitations Joseph M. Kolar Buckley Kolar LLP March 14, 2005 Washington, DC History of HMDA Enacted 30 years ago, HMDA s purposes and requirements
PUBLIC DISCLOSURE COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION
SMALL BANK Comptroller the Currency Administrator National Banks Washington, DC 20219 PUBLIC DISCLOSURE March 24, 2008 COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION Charter National Bank And Trust
Logan City. Analysis of Impediments to Fair Housing
Logan City Analysis of Impediments to Fair Housing 2009-13 Consolidated Plan Page 36 of 92 EXECUTIVE SUMMARY Analysis of Impediments The Analysis of Impediments (AI) is a comprehensive review of a jurisdiction
Bankruptcy Evaluation - First National Bank of Grand Ridge, Illinois
SMALL BANK Comptroller of the Currency Administrator of National Banks PUBLIC DISCLOSURE December 23, 2002 COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION The First National Bank Of Grand Ridge Charter
PUBLIC DISCLOSURE COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION
PUBLIC DISCLOSURE June 17, 2002 COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION First Tier Bank and Trust Institution s Identification Number: 601416 129 North Union Street Olean, NY 14760 Federal Reserve
New and Re-emerging Fair Lending Risks. Article by Austin Brown & Loretta Kirkwood October 2014
New and Re-emerging Fair Lending Risks Article by Austin Brown & Loretta Kirkwood BY AUSTIN BROWN & LORETTA KIRKWOOD Austin Brown Loretta Kirkwood Regulators have been focused recently on several new and
PUBLIC DISCLOSURE COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION
SMALL BANK Comptroller of the Currency Administrator of National Banks Washington, DC 20219 PUBLIC DISCLOSURE March 08, 2004 COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION First Security Bank, National
PUBLIC DISCLOSURE. January 20, 2015 COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION. MANSFIELD CO-OPERATIVE BANK Certificate # 26448
PUBLIC DISCLOSURE January 20, 2015 COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION MANSFIELD CO-OPERATIVE BANK Certificate # 26448 80 NORTH MAIN STREET MANSFIELD, MASSACHUSETTS 02048 Division of Banks
Public Disclosure. March 3, 2003. Community Reinvestment Act Performance Evaluation. Old Point National Bank of Phoebus Charter Number: 12267
LARGE BANK Comptroller of the Currency Administrator of National Banks Washington, DC 20219 Public Disclosure March 3, 2003 Community Reinvestment Act Performance Evaluation Old Point National Bank of
PUBLIC DISCLOSURE COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION
PUBLIC DISCLOSURE January 07, 2014 COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION Lake Federal, FSB Charter Number 706128 7048 Kennedy Ave Hammond, IN 46323-2212 Office of the Comptroller of the Currency
PUBLIC DISCLOSURE COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION
Comptroller of the Currency Administrator of National Banks Wholesale Institution PUBLIC DISCLOSURE July 19, 1999 COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION U.S. Trust Company, N.A. Charter Number
Income and Racial Disparities in Subprime Lending May 2000
Income and Racial Disparities in Subprime Lending May 2000 U.S. Department of Housing and Urban Development Office of Policy Development and Research UNEQUAL BURDEN IN CHICAGO: INCOME AND RACIAL DISPARITIES
Comptroller of the Currency Administrator of National Banks. Public Disclosure. June 06, 2005. Community Reinvestment Act. Performance Evaluation
O LARGE BANK Comptroller of the Currency Administrator of National Banks Washington, DC 20219 Public Disclosure June 06, 2005 Community Reinvestment Act Performance Evaluation Seaway National Bank of Chicago
PUBLIC DISCLOSURE FEBRUARY 14, 2011 COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION MERCANTILE BANK AND TRUST COMPANY 61 BROOKLINE AVENUE
PUBLIC DISCLOSURE FEBRUARY 14, 2011 COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION MERCANTILE BANK AND TRUST COMPANY 61 BROOKLINE AVENUE BOSTON, MA 02215 Division of Banks 1000 Washington Street, 10
COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION
O Comptroller of the Currency Administrator of National Banks Small Bank Northeastern District 1114 Avenue of the Americas, Suite 300 New York, New York 10036 PUBLIC DISCLOSURE May 10, 1999 COMMUNITY REINVESTMENT
PUBLIC DISCLOSURE. May 20, 2013 COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION. BofI Federal Bank Charter Number: 716456
O LARGE BANK Comptroller of the Currency Administrator of National Banks Washington, DC 20219 PUBLIC DISCLOSURE May 20, 2013 COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION BofI Federal Bank Charter
PUBLIC DISCLOSURE. August 24, 2007 COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION. MODERN BANK, N.A. Charter Number: 16629
O WHOLESALE BANK Comptroller of the Currency Administrator of National Banks Washington, DC 20219 PUBLIC DISCLOSURE August 24, 2007 COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION MODERN BANK, N.A. Charter
2014 Mortgage Lending Trends in New England
2014 Mortgage Lending Trends in New England By Tatjana Meschede, William Darity Jr., Darrick Hamilton Jennifer Haynes and Amy Higgins Community Development Issue Brief 2, May 2016 Summary The mortgage
PUBLIC DISCLOSURE. February 16, 2010 COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION. First Bank. 112 West King Street. Strasburg, Virginia 22657
PUBLIC DISCLOSURE February 16, 2010 COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION First Bank 899428 112 West King Street Strasburg, Virginia 22657 Federal Reserve Bank of Richmond P. O. Box 27622 Richmond,
Fair Lending, UDAAP and CRA: Protecting Your Bank from Allegations of Fair and Responsible Lending Violations
Fair Lending, UDAAP and CRA: Protecting Your Bank from Allegations of Fair and Responsible Lending Violations Albany, NY April 23, 2015 Legal Counsel to the Financial Services Industry Presented by Warren
PUBLIC DISCLOSURE FEBRUARY 12, 2015 MORTGAGE LENDER COMMUNITY INVESTMENT PERFORMANCE EVALUATION NE MOVES MORTGAGE, LLC MC2584
PUBLIC DISCLOSURE FEBRUARY 12, 2015 MORTGAGE LENDER COMMUNITY INVESTMENT PERFORMANCE EVALUATION NE MOVES MORTGAGE, LLC MC2584 52 SECOND AVENUE, 3RD FLOOR WALTHAM MA. 02451 DIVISION OF BANKS 1000 WASHINGTON
Section 4: Home Mortgage Disclosure Act (HMDA) Data Analysis
Section 4: Home Mortgage Disclosure Act (HMDA) Data Analysis Introduction The Federal Financial Institutions Examination Council (FFIEC) gathers data on home mortgage activity from the federal agencies
PUBLIC DISCLOSURE. February 3, 2011 MORTGAGE LENDER COMMUNITY INVESTMENT PERFORMANCE EVALUATION IFREEDOM DIRECT CORPORATION ML3122
PUBLIC DISCLOSURE February 3, 2011 MORTGAGE LENDER COMMUNITY INVESTMENT PERFORMANCE EVALUATION IFREEDOM DIRECT CORPORATION ML3122 2363 SOUTH FOOTHILL DRIVE SALT LAKE CITY, UTAH 84109 DIVISION OF BANKS
Educational Attainment
Educational Attainment Five Key Data Releases From the U.S. Census Bureau Media Webinar February 23, 2012 Webinar access information Toll free number: 888 790 3288 Passcode: CENSUS URL: https://www.mymeetings.com/nc/join/
Mortgage Lending in New England: Key Trends and Observations in 2012 by Kseniya Benderskaya*
Mortgage Lending in New England: Key Trends and Observations in 2012 by Kseniya Benderskaya* 1 Community Development Issue Brief 2, 2014 May 2014 Summary Using the annual Home Mortgage Disclosure Act (HMDA)
Have the GSE Affordable Housing Goals Increased. the Supply of Mortgage Credit?
Have the GSE Affordable Housing Goals Increased the Supply of Mortgage Credit? Brent W. Ambrose * Professor of Finance and Director Center for Real Estate Studies Gatton College of Business and Economics
A Guide to CRA Data Collection and Reporting Federal Financial Institutions Examination Council
EDITION EFFECTIVE for 2013 CRA Data Submissions (Due March 1, 2014) A Guide to CRA Data Collection and Reporting Federal Financial Institutions Examination Council Contents Foreword 3 Executive Summary:
MB Financial, Inc. Chicago, Illinois. Order Approving the Acquisition of a Bank Holding Company
FRB Order No. 2014-12 June 30, 2014 FEDERAL RESERVE SYSTEM MB Financial, Inc. Chicago, Illinois Order Approving the Acquisition of a Bank Holding Company MB Financial, Inc. ( MB Financial ), Chicago, has
PUBLIC DISCLOSURE. February 2, 2009 COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION. United Bank, Inc. 514 Market Street
PUBLIC DISCLOSURE February 2, 2009 COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION United Bank, Inc. 1010930 514 Market Street Parkersburg, West Virginia 26101 Federal Reserve Bank of Richmond P. O.
Florida s Families and Children Below the Federal Poverty Level
Florida s Families and Children Below the Federal Poverty Level Florida Senate Committee on Children, Families, and Elder Affairs Presented by: February 17, 2016 The Florida Legislature Office of Economic
PUBLIC DISCLOSURE. April 13, 2009 COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION. CenterState Bank Central Florida, N.A. Charter Number 21730
O SMALL BANK Comptroller the Currency Administrator National Banks Washington, DC 20219 PUBLIC DISCLOSURE April 13, 2009 COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION CenterState Bank Central Florida,
The 2014 Home Mortgage Disclosure Act Data
November 2015 Vol. 101, No. 4 The 2014 Home Mortgage Disclosure Act Data Neil Bhutta, Jack Popper, and Daniel R. Ringo, of the Division of Research and Statistics, prepared this article. Jimmy Kelliher
Home Mortgage Disclosure Act - Regulation C
Home Mortgage Disclosure Act - Regulation C Revised Date: 12/20/2013 Introduction: The Home Mortgage Disclosure Act (HMDA), implemented by Regulation C, provides the members with loan data that can be
INTERMEDIATE SMALL BANK
INTERMEDIATE SMALL BANK Comptroller of the Currency Administrator of National Banks Washington, DC 20219 PUBLIC DISCLOSURE January 28, 2013 COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION First Federal
Low- and Moderate-Income Home Financing: What Are the Trends in Kansas City?
Low- and Moderate-Income Home Financing: What Are the Trends in Kansas City? James Harvey and Kenneth Spong James Harvey is a senior examiner and policy economist and Kenneth Spong is a senior policy economist
Mark W Olson: Home Mortgage Disclosure Act
Mark W Olson: Home Mortgage Disclosure Act Testimony by Mr Mark W Olson, Member of the Board of Governors of the US Federal Reserve System, before the Subcommittee on Financial Institutions and Consumer
PUBLIC DISCLOSURE. June 2, 2014 CRA FOR MORTGAGE LENDERS PERFORMANCE EVALUATION RADIUS FINANCIAL GROUP INC. ML1846
PUBLIC DISCLOSURE June 2, 2014 CRA FOR MORTGAGE LENDERS PERFORMANCE EVALUATION RADIUS FINANCIAL GROUP INC. ML1846 600 LONGWATER DRIVE SUITE 107 NORWELL, MA 02061 DIVISION OF BANKS 1000 WASHINGTON STREET
Using publicly available information to proxy for unidentified race and ethnicity. A methodology and assessment
Using publicly available information to proxy for unidentified race and ethnicity A methodology and assessment Summer 2014 Table of contents Table of contents... 2 1. Executive summary... 3 2. Introduction...
PUBLIC DISCLOSURE. August 20, 2008 COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION
O SMALL BANK Comptroller of the Currency Administrator of National Banks Washington, DC 20219 PUBLIC DISCLOSURE August 20, 2008 COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION Armed Forces Bank of California,