OCC Issues Fourth Quarter 2010 CRA Examination Schedule

September 2, 2010 By: Office of Comptroller of the Currency

WASHINGTON — The Office of the Comptroller of the Currency (OCC) has released its schedule of Community Reinvestment Act (CRA) examinations to be conducted in the fourth quarter of 2010.

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Stabilizing Neighborhoods: Lessons Learned from the Field

September 2, 2010 By: Federal Reserve Board Governor Elizabeth A. Duke

Good morning. I want to welcome you to the Federal Reserve Board for this two-day summit to examine the problems associated with vacant and abandoned property and to explore innovative approaches to neighborhood stabilization.

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FDIC Issues Fourth Quarter 2010 CRA Examination Schedule

August 31, 2010 By: FDIC

The Federal Deposit Insurance Corporation (FDIC) has issued the public list of institutions that it has scheduled for a Community Reinvestment Act (CRA) examination during the fourth quarter of 2010. This list is published pursuant to revised CRA regulations published in May 1995 that require each f...

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OCC Releases CRA Evaluations For 39 National Banks

August 23, 2010 By: Office of Comptroller of the Currency

WASHINGTON — The Office of the Comptroller of the Currency (OCC) today released a list of Community Reinvestment Act (CRA) performance evaluations that became public during the period of July 15, 2010 through August 14, 2010. The list contains only national banks and insured federal branches of fore...

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Greenlining Tells Fed: Communities of Color are “Canaries in the Coal Mine” of Economic Crisis

August 18, 2010 By: Common Dreams.org

LOS ANGELES - In testimony today before a Los Angeles hearing convened by the Federal Reserve system and other federal financial agencies, the Greenlining Institute called for strong action to modernize the Community Reinvestment Act (CRA), first passed in 1977. “In a sense, communities of color ha...

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Move Your Money: Bank Regulators Hold Hearings in Los Angeles

August 17, 2010 By: Denis Santiago, The Huffington Post

Bank regulators are holding hearings that could potentially improve the Community Reinvestment Act. The 1977 law was designed to ensure that banks remained connected to the communities they serve. Banking and finance have evolved significantly since that time, and the banking regulators have decided...

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CRA Hearing in Los Angeles to be Available For Online Viewing

August 16, 2010 By: Board of Governors of the Federal Reserve System

WASHINGTON — Online viewing will be available for a public hearing Tuesday in Los Angeles on modernizing the regulations that implement the Community Reinvestment Act (CRA).

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Fed’s Duke Says Community Reinvestment Act Helps Small Firms

August 13, 2010 By: BusinessWeek

Federal Reserve Governor Elizabeth Duke said the Community Reinvestment Act should remain flexible to best help communities and small businesses that benefit from lending. “The formation and growth of small businesses depend critically on access to credit and other financial services,” Duke said tod...

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Editorial: Now we know -- poor people didn’t cause mortgage crisis

August 13, 2010 By: Tomah Journal - WI

Poor people -- and those few politicians who defend the interests of poor people -- are owed an apology. Remember the vicious and sometimes racist accusation that mortgages to poor people caused the housing crash? Critics seized upon the 30-year-old Community Reinvestment Act that encouraged federal...

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New York's in a Move Your Money State of Mind, But CRA Reform Must Follow

August 13, 2010 By: Ray Brescia, The Huffington Post

The Move Your Money campaign has some new allies: elected officials in the Empire State. Recent legislation passed by both houses of the state legislature directs that all state funds be deposited in financial institutions that meet the credit needs of low- and moderate-income communities. Similarly...

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