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Bank Regulators Issue Final Rule Updating Community Reinvestment Act

Bank Regulators Issue Final Rule Updating Community Reinvestment Act
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OCC, Federal Reserve, and FDIC issue final Community Reinvestment Act rule | Ballard Spahr LLP

On October 24, the Office of the Comptroller of the Currency, the Board of Governors of the Federal Reserve System, and the Federal Deposit Insurance Corporation issued a final rule. ....

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Key differences between the OCC's rescinded 2020 CRA final rule and the 2022 CRA revisions proposed by U.S. banking regulators | Ballard Spahr LLP

As we previously reported, the Office of the Comptroller of the Currency (“OCC”) rescinded its 2020 Community Reinvestment Act (“CRA”) final rule (the “2020 CRA Final Rule” or the. ....

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OCC, FDIC, and Federal Reserve propose amendments to CRA regulations | Ballard Spahr LLP

After moving alone in 2020 to reform its Community Reinvestment Act (CRA) regulation, the Office of the Comptroller of the Currency (OCC) has joined the Federal Deposit Insurance. ....

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Community Reinvestment Act Revisions Proposed by US Banking Regulators | Perspectives & Events

On May 5, 2022, the US banking regulators proposed revisions to the regulations implementing the Community Reinvestment Act. The proposal is a comprehensive interagency effort that would change both the process and substantive tests that the regulators use to assess the record of each bank in fulfil. ....

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