The financial industry is used to coping with uncertainty over when or if change is going to happen. When it comes to revamping Community Reinvestment Act (CRA) requirements, the real question is “how?”
Warren Traiger of Buckley LLP and Lilly Thomas of the Independent Community Bankers of America (ICBA) spoke to Dodd Frank Update about the possible ways the CRA framework could be reformed, based on priorities expressed by the three banking agencies.
Learn more details about the reform possibilities the industry could face in the future.