Will States Lead the Way on Expanding CRA to Nonbanks?

American Banker, July 26, 2021–Hannah Lang (subscription)
While federal regulators attempt to overhaul the Community Reinvestment Act for banks, Congress has shown little interest in applying it to other lenders. But recent moves in Illinois and New York have given some stakeholders hope that state lawmakers will pick up the slack.
https://www.americanbanker.com/news/will-states-lead-the-way-on-expanding-cra-to-nonbanks