An Aging Banking Law Gets an Internet Overhaul

Protocol, May 9, 2022–Veronica Irwin et al
The OCC, Federal Reserve and FDIC issued a joint proposal Thursday for revamping the Community Reinvestment Act. ““The Community Reinvestment Act for independent mortgage bankers is nonsensical and a solution in search of a problem,” Mortgage Bankers Association CEO Robert Broeksmit told the Wall Street Journal.