The Office of the Comptroller of the Currency (OCC) issued two final rules intended to reduce regulatory burden for community banks, including eliminating an OCC-specific home loan data collection framework and expanding access to streamlined licensing procedures for certain corporate activities and transactions. One final rule rescinds the OCC’s Fair Housing Home Loan Data System regulation, removing obsolete and largely duplicative data collection requirements on applications for home loans that applied only to national banks. The OCC indicated the change will not have a material impact on the availability of data needed for its fair housing-related supervisory activities. A separate final rule simplifies licensing requirements for corporate activities and transactions involving community banks by broadening eligibility for expedited or reduced filing procedures.
Office of the Comptroller of the Currency 2026-03-03
Office of the Comptroller of the Currency issues final rules rescinding fair housing home loan data reporting and easing community bank licensing filings
The Office of the Comptroller of the Currency (OCC) issued two final rules to reduce regulatory burdens for community banks. One rule rescinds the OCC’s Fair Housing Home Loan Data System regulation, eliminating redundant data collection requirements. The other rule simplifies licensing requirements by expanding eligibility for expedited procedures in corporate activities and transactions.