Add Yahoo as a preferred source to see more of our stories on Google. The Community Reinvestment Act turned 48 on Oct. 12. The legislative brainchild of the late Wisconsin Sen. William Proxmire, CRA ...

This is your first of three free stories this month. Become a free or sustaining member to read unlimited articles, webinars and ebooks. Whether a person has access to banking directly changes their ...

This is your first of three free stories this month. Become a free or sustaining member to read unlimited articles, webinars and ebooks. It’s been a wild few weeks in the banking world. And it all has ...

Recent news stories explain the criticism of Senator Warren and Congresswoman Waters directed at banks that are litigating the 2023 CRA rule. But perhaps their frustration should be focused on the ...

There’s a very big inconsistency in the Community Reinvestment Act. The current CRA rule was passed in 1995 and requires every FDIC insured bank to meet the credit needs of the communities they serve.

Sign up for the daily CJR newsletter. Felix Salmon takes John Carney of Clusterstock to task for latching on to the right-wing effort to blame the housing bubble and ...

A summary of recent changes to the rules implementing the Community Reinvestment Act of 1977 (CRA) by the Office of the Comptroller of the Currency (OCC), the Board of Governors of the Federal Reserve ...

For more than 40 years, the Community Reinvestment Act (CRA) has served as a mechanism for the federal government to hold banks and other depository institutions accountable for meeting the credit ...

CHARLOTTE, N.C., Dec. 11, 2024 /PRNewswire/ -- Truist Financial Corporation (NYSE: TFC) today announced it received the highest possible overall rating of "Outstanding" from the Federal Deposit ...

The regulations targeted by President Trump include rules limiting discrimination by banks. Federal regulators are looking to reshape the Community Reinvestment Act. It became law in 1977. It was ...

The Community Reinvestment Act (CRA) was passed in 1977 to combat redlining and increase bank services in low-income communities. Despite progress, the legacy of redlining continues to affect ...