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first_img The Best Markets For Residential Property Investors 2 days ago The Week Ahead: Nearing the Forbearance Exit 2 days ago About Author: Phil Banker February 7, 2017 1,357 Views Sign up for DS News Daily Share Save Servicers Navigate the Post-Pandemic World 2 days ago The Best Markets For Residential Property Investors 2 days ago The Office of the Comptroller of the Currency recently released a list of Community Reinvestment Act (CRA) performance evaluations that became public last month. Of the 20 bank evaluations made public, two of them were rated “outstanding” while the other 18 were rated “satisfactory.”The list includes evaluations that became public during the month of January 2017 and includes national banks, federal savings associations, and insured federal branches of foreign banks that have received ratings, according to the OCC.The possible ratings are outstanding, satisfactory, needs to improve, and substantial noncompliance.HSBC Trust Company and United Community Bank of Lawrenceburg, Indiana were rated as “outstanding.” None of the entities received ratings of “needs to improve” or “substantial noncompliance.”The Community Reinvestment Act designed to encourage commercial banks and savings associations to help meet the needs of borrowers in all segments of their communities, including low- and moderate-income neighborhoods. The Act prohibits the denying or increasing the cost of banking to residents of racially defined neighborhoods, better known as redlining, according to the OCC’s website.The Act instructs the appropriate federal financial supervisory agencies to encourage regulated financial institutions to help meet the credit needs of the local communities in which they are chartered, consistent with safe and sound operation. To enforce the statute, federal regulatory agencies examine banking institutions for CRA compliance, and take this information into consideration when approving applications for new bank branches or for mergers or acquisitions.For a list of all of the entities whose ratings were made public this month, click here. A searchable list of all public CRA evaluations can be accessed through the OCC’s website by clicking here. Phil Banker began his career in journalism after graduating from the University of North Texas. He has covered a number of communities across Texas and southern Oklahoma, writing news and sports for publications including the Ardmoreite, Ennis Daily News and the Plano Star-Courier. He is currently a contributor to DS News and The MReport. in Daily Dose, Featured, Headlines, News Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Related Articles Data Provider Black Knight to Acquire Top of Mind 2 days ago OCC Releases CRA Evaluations for 20 Financial Institutions  Print This Post Demand Propels Home Prices Upward 2 days ago Demand Propels Home Prices Upward 2 days ago Home / Daily Dose / OCC Releases CRA Evaluations for 20 Financial Institutions Previous: Fed’s MBS Drawdown Could Affect Housing Market Next: LenderLive Hires VP of National Sales Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago 2017-02-07 Phil Banker Data Provider Black Knight to Acquire Top of Mind 2 days ago Subscribelast_img read more

first_img Adil Khan WATCH US LIVE WE RECOMMEND First Published: 25th September, 2019 19:07 IST The IAAF World Championship is scheduled to take place from September 27 to October 6, 2019, at the multi-purpose Khalifa International Stadium in Doha, Qatar. However, men’s 400M is scheduled to start on October 1, 2019, at 1:35 pm IST. The finals will be on October 4, 2019, at 7:20 pm IST. Fans can expect a new champion this year as the current champion Wayde Van Niekerk won’t be playing in the upcoming IAAF World Championships.Read l IAAF World Championships: Men’s shot put schedule and previewLeading the way are Michael Norman and Fred Kerley from the US, and the two are world’s top seven one-lap athletes in history. Also in the frame to compete from the US squad are Nathan Strother and Vernon Norwood, who both set personal bests at the US Championships in July, and could be a key factor. Athletes also have to look out for 21-year-old Jamaican talent Akeem Bloomfield, who surprised everyone with a 43.94 debut run last year. Abderrahman Samba and Karsten Warholm will also attend the event and though they may be better known for their world-class exploits in the 400m hurdles, both the players have records in their home town at the 400m events.Read l IAAF World Championships 2019: PU Chitra to compete in Women’s 1500MIAAF World Championships: Anas will participate in Men’s 400m relayNational record holder Muhammed Anas won’t be running in the individual 400m at the IAAF World Championships in Doha. Anas earlier crossed the qualifying mark of 45.30 by clocking 45.21 at the Kladno international meet. In the process, he also broke his national record. But the Athletics Federation of India has not entered Anas’ name in the individual 400m event. However, Anas will be participating in the men’s 4x400m relay and mixed 4x400m relay. The governing body of IAAF recently issued the list of athletes and the name of the 25-year-old was only in the men’s 4x400m and mixed 4x400m relay.Read l IAAF World Championships 2019: Avinash Sable aims for Tokyo OlympicsRead l IAAF World Championships: Irfan, Devender to compete in 20km race walk Written By LIVE TVcenter_img SUBSCRIBE TO US COMMENT FOLLOW US Last Updated: 25th September, 2019 19:07 IST IAAF World Championships: Men’s 400M Relay, Schedule And Preview We can expect a new champion this year as the current champion Wayde Van Niekerk won’t be playing in the upcoming IAAF World Championships 1 year ago Didn’t expect Arjuna this year: Hima Daslast_img read more