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OCCRulemakingOCC-2021-0014

Community Reinvestment Act (Rescind and Replace)

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Jun 9, 2022
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Mortgage Bankers Association filings
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Mortgage Bankers Association filed 1 comment on this docket between Nov 1, 2021 and Nov 1, 2021. 24 other organizations filed here. The comment window closed 1733d ago.

What Mortgage Bankers Association filed (1)

Nov 1, 2021· OCC-2021-0014-0039

Please find the attached comments from the Mortgage Bankers Association in response to Docket ID OCC-2021-0014, OCC Community Reinvestment Act Regulations.

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Abstract

The Comptroller of the Currency proposes to replace the current Community Reinvestment Act rule with rules based on the 1995 Community Reinvestment Act (CRA) rules, as revised, issued by the Office of the Comptroller of the Currency (OCC), Board of Governors of the Federal Reserve System (Board), and Federal Deposit Insurance Corporation (FDIC). The proposal would replace the existing rule applicable to both national banks and savings associations with two separate rules, one for national banks and one for savings associations. Such action would effectively rescind the CRA final rule published by the Office of the Comptroller of the Currency on June 5, 2020, and facilitate the issuance of joint CRA rules with the Board and FDIC.

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Co-filers (24)

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Community Reinvestment Act (Rescind and Replace) (OCC) — Mortgage Bankers Association | OpenPolis