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Modernization of the Community Reinvestment Act.
- Source :
- Congressional Research Service: Report; 6/14/2024, p1-29, 32p
- Publication Year :
- 2024
-
Abstract
- The article focuses on the recent modernization of the Community Reinvestment Act (CRA) to address concerns about its effectiveness and applicability. Topics include the updated definitions and benchmarks for CRA assessments, the expansion of evaluation criteria to include online activities, and the increased rigor for large banks' CRA examinations.
Details
- Language :
- English
- ISSN :
- 07317069
- Database :
- Complementary Index
- Journal :
- Congressional Research Service: Report
- Publication Type :
- Report
- Accession number :
- 178496156