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Home » Store » Taxable » More Questions than Answers from Regulators on CRA Proposed Rule

More Questions than Answers from Regulators on CRA Proposed Rule

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Retail bankers got fewer answers than expected from federal regulators on how financial institutions will be evaluated under the revised Community Reinvestment Act performance tests. Lenders in a session with federal regulators during a recent CRA conference hosted by the Consumer Bankers Association in Washington, DC, said they had hoped to hear how the agencies planned to deal with CRA exam issues, particularly community development lending and investments. …
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