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Home » New CRA Bill Encourages Closer Community Ties, Tougher Ratings
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New CRA Bill Encourages Closer Community Ties, Tougher Ratings

September 26, 2022
Sam Manas
Rep. Maxine Waters, D-CA, introduced a bill this month to vastly expand how much data financial institutions report to receive their Community Reinvestment Act ratings. The bill would mandate negative rating credit for any known discriminatory behavior.
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