Regulatory Alerts2025-07-30 | FIL-38-2025Supervisory Relief to Help Financial Institutions and Facilitate Recovery in Areas of New Mexico Affected by Severe Storms, Flooding, and Landslides
The Federal Deposit Insurance Corporation issued FIL-38-2025 to provide targeted regulatory relief for supervised financial institutions operating in Lincoln County, New Mexico, following severe storms, flooding, and landslides. The agency encourages constructive loan restructuring and favorable Community Reinvestment Act consideration for disaster-related investments while easing specific reporting, publishing, and temporary facility requirements. Institutions may also waive or modify three-day rescission periods under Regulation Z for principal dwelling-secured loans, and the FDIC will evaluate filing delays based on circumstances beyond their control.
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