Proposed Revisions to Community Reinvestment Act (CRA) Guidance Focus on Community Development Activities of Depository Institutions

Last week the Office of the Comptroller of the Currency (OCC), Board of Governors of the Federal Reserve System, and the Federal Deposit Insurance Corporation (Agencies) published a request for comments on proposed revisions to the “Interagency Questions and Answers Regarding Community Reinvestment.” The Questions and Answers provide guidance to financial institutions and the public […]

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