White Papers

View recent reports written by QuestSoft's compliance experts.

Analysis of the Regulatory Relief Bill Shows Mixed Benefits for Lenders

The bill that passed the US Senate recently, S 2155, has been touted as needed regulatory relief by the affected depository institutions. The Senate bill would exempt depository institutions with five hundred loans or less from reporting additional data elements required under the Consumer Financial Protection Bureau’s HMDA rule.

In this white paper, QuestSoft examined the latest HMDA data in detail to determine whether this adjustment would produce the benefits or dangers suggested by parties involved. 

Click here to download the White Paper.

Causes of ISB CRA Performance Failures 2010-2015

The most difficult part of the ISB CRA Examination standards is the critical emphasis on Community Development activity which is required to be satisfactory for a bank to attain a composite CRA performance rating of "satisfactory". This study of ISB CRA examination failures since 2010 confirms this advice. 

Click here to download the White Paper.