The Community Reinvestment Act (the “CRA”) was originally passed by Congress in 1977 and its purpose is to ensure that banks receiving deposits from a community are also serving that community’s ...

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 ...

The rule, effective July 7, puts into place requirements similar to those for banks, except nonbanks do not have to make ...

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 ...

A planned development on a vacant lot in downtown Tallahassee could bring 300 apartment units online for "workforce housing" if the project can secure a $7 million loan from the Downtown Community ...