Bank regulators have not even proposed a plan yet for overhauling the Community Reinvestment Act, but stakeholders likely to weigh in on the plan are already establishing battle lines.
American Banker: No shortage of ideas on CRA overhaul as official plan remains mystery Read More »
Here’s what the Treasury Department’s changes would do, and wouldn’t, toward solving four major problems we have outlined in our investigation.
Reveal: Does the Trump administration’s plan to modernize anti-blight laws stack up? Read More »
The report “addressed what we have for a long time talked about with assessment areas. We think that is a step in the right direction,” said John Taylor, President and CEO of NCRC. But Taylor wanted to make sure that regulators do not lose sight of the importance of branch locations if they expand the assessments to other areas.
American Banker: 5 takeaways from Treasury’s call to action on CRA Read More »
Trump administration kicks off reassessment of 1977 law that has ‘not kept pace’ with changes in banking
The Wall Street Journal: Rules for lending to the poor under review Read More »
The Treasury’s recommendations come as federal bank regulators have indicated they will soon release a proposal to reform Community Reinvestment Act policy.
American Banker: Flexible boundaries and exams: how treasury would modernize CRA Read More »
Check out NCRC’s Jesse Van Tol on NPR discussing CRA reform.
Marketplace: The lamppost theory Read More »
