Recent News
The Office of the Comptroller of the Currency today released a list of Community Reinvestment Act performance evaluations that became public in September. Thirty evaluations were made, with 23 rated satisfactory, five rated outstanding, one rated needs to improve and one rated substantial needs to improve. The list contains national banks, federal savings associations and insured federal branches of foreign banks.
Sen. Elizabeth Warren, D-Mass., today introduced the American Housing and Economic Mobility Act of 2018, legislation that would invest $445 billion in the Housing Trust Fund, $523 billion in rural housing programs and strengthen provisions in the Community Reinvestment Act to hold more financial intuitions accountable and strengthen sanctions for failure to follow rules.
The Office of the Comptroller of the Currency today released a list of Community Reinvestment Act performance evaluations that became public in August. Sixteen evaluations were made, with 14 rated satisfactory and two outstanding. The list includes national banks, federal savings associations and insured federal branches of foreign banks.
The Office of the Comptroller of the Currency (OCC) today released its schedule of Community Reinvestment Act (CRA) evaluations for the fourth quarter of 2018 and the first quarter of 2019. The OCC encourages comment on the national banks and federal savings associations scheduled to be evaluated.
The Office of the Comptroller of the Currency (OCC) today released an advanced notice of proposed rulemaking on modernizing the Community Reinvestment Act (CRA) to be published in the Federal Register. The OCC seeks stakeholder comments on ways to modernize CRA regulations to better achieve the CRA’s purpose.
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