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Regulatory Requirements › Community Reinvestment Act › Regulatory Oversight

GeoDataVision

Why Do Federal Bank Regulators Create a Commercial Monopoly on Key Benchmark Data?

GeoDataVision on

Ever since the 1995 CRA rule was published bank regulators have mandated certain “community” and “market” benchmarks as the basis for rating bank performance under the CRA regulations. Most of that data is in the public...more

GeoDataVision

The fatal flaws in the 2023 CRA rule

GeoDataVision on

In Podcast 95, Len and Dean argue that the 2023 CRA rule is flawed and confusing, urging its repeal and calling for reforms that truly support community development....more

Alston & Bird

Federal Banking Agencies Announce Intent to Rescind 2023 Community Reinvestment Act Final Rule and Return to Prior Framework

Alston & Bird on

What Happened? The Federal Deposit Insurance Corporation (“FDIC”), Board of Governors of the Federal Reserve System (“Federal Reserve”) and the Office of the Comptroller of the Currency (“OCC”), (collectively, “federal...more

Ballard Spahr LLP

Comptroller Otting to appear at House and Senate hearings next week

Ballard Spahr LLP on

Comptroller of the Currency Joseph Otting is scheduled to make two appearances before Congress next week. On Wednesday, June 13, 2018, he is scheduled to appear before the House Financial Services Committee at a hearing...more

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