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CRA exams

Interior of the Thompson Center in Chicago

Testimony of Horacio Mendez at Illinois Community Reinvestment Act rulemaking hearing

Illinois has a historic opportunity to ensure state banks, state credit unions, and mortgage companies invest mortgage capital equitably. The ability for the State of IL to hold all lenders accountable for the impact they have on the residents...

October 18, 2021 at 10:08 am read more
Dory Website Resize.jpg

Bank Mergers Increase Opportunities for Community Input on CRA Plans

When CRA plans are required as a condition of the approval, the regulator retains jurisdiction to ensure that banks follow through. The growing use of conditional approvals is a very positive development and one which provides opportunities for community...

October 3, 2016 at 8:21 pm read more
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