On January 8, the NYDFS announced it finalized a new regulation expanding New York’s Community Reinvestment Act (CRA) to ...

The Community Reinvestment Act mandates that a bank meets the credit needs of the communities which it serves as delineated ...

Denying CRA-eligible loans suspected of appraisal bias could open up lenders to accusations of lending bias for wrongly denying applicants. Approving applications for loans they suspect of appraisal ...

A Northeast Ohio community bank has been dinged by regulators in its latest Community Reinvestment Act (CRA) exam. In a recently released assessment, First Federal Savings & Loan Association of Lorain ...

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 ...

Three federal banking regulators announced their intent to issue a proposal that would rescind the Community Reinvestment Act (CRA) final rule issued in October 2023. “The agencies will continue to ...

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 ...

In the past quarter, WaFd, Inc. reported higher net interest income and net income year-on-year, while also increasing net ...

NEEDHAM, Mass., Dec. 18, 2024 /PRNewswire/ -- Needham Bank is pleased to announce that Danny Tieu has joined the Residential Lending team as Vice President, Community Reinvestment Act (CRA) ...