Three Actions by NCUA: Offsite Exam Approaches; Low-Income Status for Military Personnel; Prompt Corrective Action Interim Final Rule

OCC Sampling Methodologies; FDIC Extends Comment Period for ILCs

OFAC Zimbabwe Sanctions; Joint Statement on Small Dollar Lending; FDCPA Comment Period Extended

SBA Interim Rules on PPP Programs

Lending Principles for Small-Dollar Lending; SBA Forms and Procedures

Under Analysis: New CRA, Small-Dollar Lending Principles, U.S. Investments by Foreign Persons, Reg F Comment Period Extension

FinCEN Advisory on Medical Scams; HMDA Threshold

DAILY BRIEFINGSRevised CECL Transition Rule Corrections; Litigation Trends

SBA Releases PPP Forgiveness Application

FTC Withdraws Agenda; Update on Items Awaiting Federal Register Release

CFPB Compliance Aids on Open-End Credit, Deposit Accounts, and Reg Z Billing Errors; SBA Updates PPP FAQs to Address Forgiveness Safe Harbors

OCC Addresses Pandemic-Related Annual Meeting Delays; 380 pages of HMDA and Remittance Rules

FinCEN Targeting Order; Preview of HMDA threshold changes and updates to Remittance Transfer Rules

No new regulatory items were published on Friday, May 8, therefore no Daily Briefing was recorded for Monday, May 11.

Fed Flood Q&A; CFPB Compliance Aid on ECOA for PPP Loans; FDIC South Carolina Storm Relief

FTC Announces Semi-Annual Regulatory Agenda

CFPB Clarifies Good Faith Treatment of Mortgage Servicing Efforts; Liquidity Coverage Ratio Rule Updated and Being Analyzed

Mortgage Servicing Compliance Aid; Items Pending Publication; Fun Facts about Cinco de Mayo

CFPB Clarifies Rescission and Changed Circumstances; NCUA Promotes Central Liquidity Facility and Provides Hardship Advice

CFPB Valuation Fact Sheets; NCUA Appraisal Limits Increase