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Community Reinvestment Act

Incenter Lender Services plays ‘matchmaker’ with new fair lending platform

Community Reinvestment Act, HWmember, Incenter, Investors, Mortgage, Secondary market, Technology /

Philadelphia-based Incenter Lender Services, which works with nonbank and depository mortgage lenders across the country, on Thursday announced the launch of the Incenter CRA Exchange Platform. The tool is billed as a unique, one-stop “matchmaking solution” for sellers of loans made under the Community Reinvestment Act. The exchange is offered free of charge to banks, […]

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Federal regulators scrap 2023 CRA rule

Community Reinvestment Act, Federal Deposit Insurance Corporation, Federal Reserve, HWmember, LendingLife, Mortgage, Office of the Comptroller of the Currency, Regulatory, Regulatory Compliance /

Three federal banking regulators announced on Wednesday the rescission of the Community Reinvestment Act (CRA) final rule issued in October 2023. The decision made by the governing boards of the Federal Reserve System, the Office of the Comptroller of the Currency (OCC) and the Federal Deposit Insurance Corp. (FDIC) will result in the agencies reinstating

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