Leal Brainard, Speech: Strengthening the CRA, A Conversation with Representatives of Native Communities

Page(s): 5

Primarily a speech about CRA.  No comments were made about the economy.

“In addition, now that many banks conduct significant lending and investments outside of their branch networks, it is important to ensure CRA accounts for these different business models. For example, we propose establishing retail lending assessment areas where a large bank has a concentration of either 100 mortgage loans or 250 small business loans for two years in a row.”