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Search Results for: Community Reinvestment Act

The New Face of the Secondary Marketplace

...meet their obligations under the Community Reinvestment Act and gain CRA credits. To date, approximately $31 million in loans have been purchased by financial institutions through the exchange. Q: How...

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New CFPB Rule Impacts HMDA Reporting

...reported under the small business lending rule. The rule is also designed to work in concert with rules under the Community Reinvestment Act’s reporting requirements. Under the regulators’ Community Reinvestment...

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Survey Examines Risk, Compliance Concerns

...Banks are anxiously awaiting a final rule on Community Reinvestment Act (CRA) modernization. Also on the horizon is the release of final rules on small business lending data collection implementing...

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Modernizing the Community Reinvestment Act

...from civil rights and community groups as well as well as other community stakeholders to modernize the Community Reinvestment Act (CRA) and enact new rules to prevent modern-day redlining. According...

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The Racial Lending Gap Examined

The Community Reinvestment Act (CRA) was passed in 1977 to fight explicitly racist redlining policies, and requires federal bank regulators—the Office of the Comptroller of the Currency, the Federal Reserve,...

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