Treasury issues recommendations for modernizing the CRA

The U.S. Department of the Treasury has issued a memorandum in which it makes recommendations to modernize the Community Reinvestment Act (CRA).  The memorandum was directed to the primary CRA regulators, consisting of the OCC, the Federal Reserve, and the FDIC. In preparing the memo, Treasury obtained input from the primary CRA regulators and close... Continue Reading…...(read more)

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