Cellar Boxed

·February 2, 2023

Home Mortgage Disclosure Act: Loan Origination Threshold Changes

The OCC has informed banks and examiners that the loan origination threshold for reporting Home Mortgage Disclosure Act (HMDA) data on closed-end mortgage loans has changed. Due to a recent court decision, the threshold for reporting is now 25 closed-end mortgage loans originated in each of the two preceding calendar years.

OCC

·January 18, 2023

Civil Money Penalties: Notice Adjusting Maximum Civil Money Penalties for 2023

On January 4, 2023, the Office of the Comptroller of the Currency (OCC) published in the Federal Register the attached notice to adjust the maximum amount of each civil money penalty (CMP) within its jurisdiction pursuant to the Federal Civil Penalties Inflation Adjustment Act of 1990, as amended by the Federal Civil Penalties Inflation Adjustment Act Improvements Act of 2015 (2015 Adjustment Act). The adjusted maximum penalties are effective as of January 4, 2023, for violations occurring on or after November 2, 2015.

OCC

·January 13, 2023

Fair Lending: Revised Comptroller’s Handbook Booklet and Rescissions

This booklet focuses on examination procedures for assessing bank compliance with the Fair Housing Act, Equal Credit Opportunity Act, and Regulation B (the consumer protection regulation that implements the Equal Credit Opportunity Act).

OCC

·January 12, 2023

OCC Releases CRA Evaluations for 22 National Banks and Federal Savings Associations

The Office of the Comptroller of the Currency (OCC) today released a list of Community Reinvestment Act (CRA) performance evaluations that became public during the period of September 1, 2022, through November 30, 2022.

OCC

·January 24, 2023

OCC Solicits Research on Emerging Risks in the Banking System

The Office of the Comptroller of the Currency (OCC) is soliciting academic research papers on emerging risks in the banking system or related policy and supervisory issues for submission by March 3, 2023.

OCC

·January 18, 2023

Acting Comptroller Discusses Management of Large Banks

Acting Comptroller of the Currency Michael J. Hsu today discussed large bank manageability in remarks at Brookings.

OCC

·January 13, 2023

OCC Issues Revisions to Fair Lending Booklet

The Office of the Comptroller of the Currency (OCC) today issued a revised version of the "Fair Lending" booklet of the Comptroller's Handbook.

OCC

·January 12, 2023

Federal Bank Regulatory Agencies Release 2021 Small Business, Small Farm, and Community Development Lending Data

The federal bank regulatory agencies, as members of the Federal Financial Institutions Examination Council (FFIEC), today released data on small business, small farm, and community development lending during 2021.

OCC

·January 20, 2023

Branches and Relocations: Revised Comptroller’s Licensing Manual Booklet

The Office of the Comptroller of the Currency (OCC) issued today the “Branches and Relocations” booklet of the Comptroller’s Licensing Manual. The revised booklet replaces the booklet of the same title issued October 2019, reflects recent changes to 12 CFR 5, makes corrections where necessary, and contains updated guidance.

OCC

·January 18, 2023

OCC Announces Approval of Bank of the West – BMO Harris Bank, National Association Merger

The Office of the Comptroller of the Currency (OCC) today approved the merger of Bank of the West, San Francisco, into BMO Harris Bank, National Association, Chicago.

OCC

·January 13, 2023

Registration Open for OCC Symposium on Bank Mergers

The Office of the Comptroller of the Currency (OCC) today announced registration is open for its symposium on bank mergers February 10, 2023, at its headquarters in Washington, D.C.

OCC

·January 12, 2023

OCC Announces Deputy Comptroller for Systemic Risk Identification and Support

The Office of the Comptroller of the Currency (OCC) today announced Melissa Love-Greenfield as Deputy Comptroller for Systemic Risk Identification and Support (SyRIS) within the Supervision Risk & Analysis division. She will assume these duties January 29, 2023.