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Modernization of the Community Reinvestment Act.

Authors :
Getter, Darryl E.
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