The Department’s Secretary, Dr. Benjamin Carson, said opportunity zones offer the “revival of economic activity.”
Read More »Greatest Dollar Volume of CRA Lending is in Community Development
Researchers analyze the types of loans that account for the greatest share of lending within the Community Reinvestment Act.
Read More »Revised CRA Rule Could Result in Fewer Assessed Loans
A new study found that the revised rule does “offer some improvement,” it was ultimately called “unsatisfactory.”
Read More »Financial Services Committee Looks to Reverse Ruling to CRA
The push is led by Chairwoman Maxine Waters, who said the former Comptroller of the Currency “rushed out a harmful rule.” Click through to read more.
Read More »Homeowners in Redlined Neighborhoods Have Declining Home Equity
A new report found homes in redlined areas gained 52% less value, more than $200,000, over the past 40 years.
Read More »Updates to CRA Called a ‘Betrayal’ to Bills’ Intent
Click through to read more on the proposed changes to the Community Reinvestment Act presented by the Office of the Comptroller of the Currency.
Read More »‘Fraudulent Comments’ on Community Reinvestment Act Worry Maxine Waters
The House Financial Services Committee will hold a hearing on January 29 to further discuss the bill
Read More »Smaller Banks Better at Reinvesting in Communities, Says Survey
The Community Reinvestment Act (CRA) is headed for changes by The Treasury and will relook at reinvestments of banks towards supporting community needs through initiatives such as fair ...
Read More »Comptroller Stresses Importance of Community Reinvestment
Comptroller of the Currency Thomas J. Curry said that recent modifications made by the OCC will shape the future of the financial world.
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