The Nutter Bank Report is a monthly electronic publication of
the firm's Banking and Financial Services Group and contains
regulatory and legal updates with expert commentary from our
banking attorneys.
Headlines
1. Fed Publishes Examination Guidance on Loan Sampling for
Community Banks
2. Banking Agencies Release Guidance for HELOCs Nearing Their
End-of-Draw Periods
3. FDIC Clarifies Supervisory Approach to Third-Party Payment
Processors Accounts
4. CFPB Proposes New HMDA Reporting Requirements
5. Other Developments: Borrower's Interest, Ability-to-Repay
and CAMELS Guidance
1. Fed Publishes Examination Guidance on Loan Sampling
for Community Banks
The Federal Reserve has issued guidance that updates loan
sampling expectations for examinations of community state member
banks and clarifies when statistical sampling is expected to be
used. The July 22 guidance, published as Supervision and Regulation
Letter SR 14-7, also establishes minimum coverage
