The OCC’s final CRA rule: what changed from the agency’s proposed rule?
CFPB Monitor
JUNE 15, 2020
According to the agency’s press release , the final rule is designed to increase CRA-related lending, investment and services in low- and moderate-income (“LMI”) communities where there is significant need for credit, responsible lending, and greater access to banking services. On June 22, 2020, from 12:00 p.m. to 1:00 p.m. Thomas, Ph.D.,
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