OCC, FDIC Propose New Regulatory Framework for CRA
The OCC and the FDIC today proposed major changes to the regulations implementing the Community Reinvestment Act.
Tag: Community Reinvestment Act
Quarles Signals CRA Final Rule Could Still Involve All Three Agencies
While the Federal Reserve is unlikely to join the highly anticipated notice of proposed rulemaking to revise the Community Investment ...
Otting, McWilliams Discuss Next Steps on CRA Modernization Effort
Comptroller of the Currency Joseph Otting is moving forward with issuing a long-awaited notice of proposed rulemaking that would modernize ...
Brainard Discusses Implications of Climate Change on Financial Stability
In remarks at a Federal Reserve Bank of San Francisco event today, Fed Governor Lael Brainard discussed the potential implications ...
Getting from Red to Green
The next-generation root cause analysis to prevent redlining.
McWilliams Outlines FDIC Steps to Strengthen Minority Banks
The FDIC is updating examiner instructions to help strengthen minority depository institutions, FDIC Chairman Jelena McWilliams said today in Washington.
OCC Rescinds Guidance, Issues ‘Core Principles’ on Higher-LTV Loan Programs
Acknowledging banks’ innovative efforts to meet the credit needs of residents in distressed communities, the OCC today rescinded 2017 guidance ...
Fed Report Reveals Banker, Community Group Feedback on CRA
Bankers and community groups agree on several areas of possible Community Reinvestment Act regulatory reforms, according to a summary of ...
OCC Official: Expect CRA Reform Proposal by End of Summer
The federal banking agencies expect to issue a notice of proposed rulemaking to revise their Community Reinvestment Act regulations by ...
McWilliams: CRA Reform to Clarify Qualifying Activities, Lending Assessment
In remarks yesterday at a meeting of community development bankers, FDIC Chairman Jelena McWilliams highlighted several ongoing initiatives at the ...
