Accountable Bodies:OCC

Strengthen the Community Reinvestment Act

Regulators shall strengthen the Community Reinvestment Act (CRA), which was designed to help financial institutions meet the credit needs of their community, by:Vigorously enforcing Equal Credit Opportunity Act (ECOA) and fair housing laws in instances where lending discrimination is believed to exist. Enforcing antitrust laws especially with respect to mergers that could lead to…

Tags Opportunity to Thrive
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