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Estoppel Equal Credit Opportunity Act

Dorsey & Whitney LLP

CFPB Deems Federally-Approved CRA Assessment Area to Be Discriminatory

Dorsey & Whitney LLP on

The Federal Community Reinvestment Act (“CRA”) requires regulated financial institutions to focus on meeting “the credit needs of the local communities in which they are chartered.” See 12 U.S.C. § 2901(a)(3). Under the CRA,...more

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