MBA Letter to Agencies Targets Topline CRA Issues

The Mortgage Bankers Association last week sent a letter to federal regulatory agencies, discussing several topline issues it says are crucial to improving the current Community Reinvestment Act framework.

MBA Letter Offers Recommendations on Improving CRA Framework

The Mortgage Bankers Association, in a letter to the Federal Reserve, offered recommendations on how the Fed could improve the Community Reinvestment Act to improve credit access and more effectively meet the needs of low- and moderate-income communities.