The OCC’s final CRA rule: what changed from the agency’s proposed rule?
CFPB Monitor
JUNE 15, 2020
The OCC acted alone in issuing the final CRA rule without waiting to achieve consensus with the FDIC, the agency with which the OCC had jointly issued the proposed rule. Under the agency’s final rule, the same facts and circumstances will be evaluated in a similar manner regardless of the particular region or particular examiner.
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