Tag: 2020上海杨浦油压哪里好

HMDA, hmmm? Reporting data points as “not applicable”

first_img ShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr Like many of you, I have been busy, busy, busy attending NAFCU’s Virtual Regulatory Compliance School. The virtual experience was new for me (and I bet most of you), but the conference was a great success. I learned so many new things, but studying to be an NCCO is no easy task. However, after many long evenings of studying, I get to update my signature line to: Janice Ringler, NCCO!Congratulations and welcome to all the new NCCOs!On July 28, 2020, CFPB released its fourth update to its HMDA FAQs, updating question #7 in the Ethnicity, Race, and Sex section, and questions #1 and #2 in the Multiple Data Points section. The FAQ’s attempt to clarify when combined loan-to-value (CLTV), debt-to-income ratio (DTI), income, and property value needs to be reported on the LAR.  The FAQs state that all of these fields must be reported “if they were a factor relied on in making a credit decision—even if the data was not the dispositive factor.” The FAQs set a “relied on” standard to determine when the credit union must report the data for income, credit score, DTI, CLTV, and property value. However, Regulation C allows credit unions to report these data points, along with credit score and credit score model, as “not applicable.” A frequent question we get from credit unions is:If these data points must be reported if they are “relied on in making a credit decision”, in what instances would these fields be reported as “not applicable?” I have explored some possible scenarios below. continue reading »last_img read more

Read more…

Brewers’ Weeks to miss rest of season

first_imgST. LOUIS (AP) — Milwaukee Brewers second baseman Rickie Weeks will miss the rest of the season because of a tear in his left wrist, a severe setback for the NL Central leaders.Weeks hurt himself while striking out Sunday in St. Louis. He had an MRI exam Monday in Arizona, and it revealed the injury.The oft-injured Weeks was hitting .272 with nine home runs and 24 RBIs. The Brewers reached the playoffs last year as the wild-card team.The Brewers said Weeks had a torn sheath in his left wrist and will likely have surgery this week. Recovery time is four to six months.“Rickie was making progress. He was showing he could be the kind of player we all thought he could be,” Brewers general manager Doug Melvin said before Monday night’s game at St. Louis.“You feel bad for the team, but you feel bad for Rickie, too,” he said. “He put so much work into it.”Melvin said Craig Counsell will fill in at second base for Weeks for the time being.Melvin noted Weeks was on a pace to score 100 runs and have 100 RBIs this year. Weeks was the overall No. 2 pick in the 2003 draft.Weeks was hurt on his final swing in the first inning. “I just felt a little pressure, a little tug on it,” he said after the 8-2 win over the Cardinals.Weeks missed the last two months of the 2006 season after undergoing surgery for a tendon injury to his right wrist. He was examined by Dr. Don Sheridan, who performed that operation as well as one on his left thumb in 2005.last_img read more

Read more…