228 loan - An Overview
228 loan - An Overview
Blog Article
The Board assessments the impression and responsiveness on the bank's Group growth loans and Group development investments that profit or serve the nationwide place, as furnished in § 228.15.
(two) A retail lending evaluation space may well not increase past a State boundary Unless of course the retail lending evaluation space contains counties within a multistate MSA.
관심 분야의 기사, 블로그 콘텐츠부터 숏폼, 쇼핑까지 다양한 콘텐츠를 이용할 수 있습니다.
문화를 만들기 위한 네이버의 노력이오니 회원님의 양해와 협조 부탁드립니다.
The Board considers information furnished by the lender and could consider publicly readily available information and knowledge supplied by government or community resources that demonstrates that a Neighborhood progress services Advantages or serves a facility-primarily based assessment area, State, or multistate MSA, or perhaps the nationwide space.
The Board could regulate a little lender score from “Satisfactory” to “Excellent” for the establishment degree where by the financial institution requests and receives further thing to consider for the following pursuits, without regard to whether the action is in one or more in the financial institution's facility-dependent assessment parts, as relevant:
(iv) No matter if to solicit supplemental general public enter or have to have the lender to offer any added response to public input already been given.
In the event you default within the payments of one's loan you could be accountable for added expenses. At 228 loan we attempt to work with lenders that use reasonable and lawful collection actions to rectify a loan which has not been repaid.
(3) The variety and greenback volume of modest company loans and smaller farm loans located within Every facility-dependent evaluation spot and retail lending assessment location claimed by the bank and also the range and dollar volume of little organization loans and small farm loans located beyond the ability-based mostly evaluation parts and retail lending assessment locations reported by the lender; and
An Modification to your prepare have to comply with all applicable specifications of the part, Except if the Board waives a need as not relevant.
(A) A financial institution could specify annual measurable goals for Local community growth loans, community progress investments, or equally. The bank must base any once-a-year measurable targets as a share or ratio of the bank's community growth loans and community enhancement investments for all or specified forms of Local community development described in § 228.
(4) The quantity and dollar quantity of Local community advancement loans and Group improvement investments described as originated or bought inside Every facility-dependent assessment area, Just about every State through which the bank contains a branch, Each individual multistate MSA wherein a lender includes a branch in two or more States more info from the multistate MSA, and nationwide spot beyond these States and multistate MSAs.
(ii) The Board considers an intermediate lender's Local community growth loans, community growth investments, and Group advancement providers without having regard to whether or not the action is created in one or more from the financial institution's facility-dependent evaluation areas. The extent with the Board's thing to consider of community progress loans, Group advancement investments, and Local community enhancement products and services outside of the financial institution's facility-centered assessment places will rely upon the adequacy of your lender's responsiveness to Local community advancement desires and possibilities inside the bank's facility-based mostly assessment spots and relevant efficiency context information.
A lender required to report household property finance loan loan info pursuant to twelve CFR aspect 1003 must incorporate in its general public file a prepared see which the lender's HMDA Disclosure Assertion might be obtained on the Consumer Monetary Safety Bureau's (CFPB's) Web site at: