Community Reinvestment Act

Treasury Offers Roadmap to CRA Reform

By Margaret E. Tahyar, Randall D. Guynn, Daniel E. Newman & Jennifer E. Kerslake on April 10, 2018

Posted in Bank Regulation, Community Reinvestment Act, FDIC, OCC

The CRA was put in place over 40 years ago and bears the heavy hand of the woeful history of redlining upon any attempt to change it. But, it is long overdue for a rethink, especially in light of the major changes that have taken place in the banking sector, … Read More

Davis Polk Financial Services Regulatory Reform Tool–March 2018

By The Davis Polk FinReg Team on March 29, 2018

Posted in Administrative Law, Bank Capital, Bank Regulation, CFPB, Community Reinvestment Act, Dodd-Frank, DOL Fiduciary Rule, Economic Sanctions, FSOC, Legislation, Liquidity, U.S. Basel III, U.S. Congress, Volcker Rule

Financial services regulatory reform in 2018 is complex and evolving. To assist in navigating this landscape, we have prepared a reference tool that provides context and summarizes current developments across a range of key regulatory areas, agencies and actors. We will continue to track these issues and provide updated versions … Read More

OCC Brings Common Sense to CRA Ratings

By Randall D. Guynn, Margaret E. Tahyar, Christopher M. Paridon & Jennifer E. Kerslake on October 16, 2017

Posted in Community Reinvestment Act, OCC

The OCC’s recent revision to its Community Reinvestment Act examination and ratings policies is a welcome first step in a long overdue and much needed rethink of how supervisors might modernize the CRA so that the statutory goal of helping underbanked communities can be met in the digital era. The … Read More