It was released on June 16 by The Federal Financial Institutions Examination Council (FFIEC) which covers institutions including banks, savings associations, credit unions, and mortgage companies.
With this data, industries, consumer groups, regulators, and others can assess potential fair lending risks and for other purposes. Moreover, the data helps the public to assess how financial institutions are serving the housing needs of their local communities and facilitate federal financial regulators’ fair lending, consumer compliance, and Community Reinvestment Act examinations.
TCFS & Associates assess data which can help in management and risk and security. With this data presented by the FFIEC, we are capable of improving our tools and address potential risks for banks, credit unions, and other industries. Contact us and we will help your organization analyze the risks and other for other purposes relevant to finance.