With Democrats in Power, will CRA be Expanded to Nonbanks?

January 22, 2021

National Mortgage News, Jan. 22, 2021–Brendan Pedersen (subscription)
The election of President Biden and turnover in leadership of the federal banking agencies not only means a new regulatory approach to implementing the Community Reinvestment Act. It could shine a brighter light on Congress potentially expanding the law to nonbanks.
https://www.nationalmortgagenews.com/news/with-democrats-in-power-will-cra-be-expanded-to-nonbanks