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OCC releases CRA rule, Otting reportedly to step down

Wednesday, May 20, 2020   (0 Comments)
Posted by: Amanda Averch
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Comptroller of the Currency Joseph Otting will step down from the post this week, sources say. Otting has been ramping up an overhaul of rules for the 1977 Community Reinvestment Act, with the aim of making it easier for people in low to moderate-income neighborhoods to obtain credit facilities.

Full Story: The Wall Street Journal (tiered subscription model) (5/19)  


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