“We all agree there needed to be a list. The problem is what the (Office of the Comptroller of the Currency) has put on that list,” said Jesse Van Tol, CEO of the National Community Reinvestment Coalition, an umbrella group for dozens of community groups trying to get banks to do more work in low-income neighborhoods.
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“There is no doubt that these proposed changes will be disastrous for low- to moderate-income communities,” says NCRC chief executive Jesse Van Tol.