{"id":76356,"date":"2020-06-17T14:24:14","date_gmt":"2020-06-17T18:24:14","guid":{"rendered":"https:\/\/ncrc.org\/?p=76356"},"modified":"2020-06-17T14:24:14","modified_gmt":"2020-06-17T18:24:14","slug":"national-mortgage-news-regulators-full-steam-ahead-on-cra-reform-despite-coronavirus-pandemic","status":"publish","type":"post","link":"https:\/\/ncrc.org\/national-mortgage-news-regulators-full-steam-ahead-on-cra-reform-despite-coronavirus-pandemic\/","title":{"rendered":"National Mortgage News: Regulators ‘full steam ahead’ on CRA reform despite coronavirus pandemic"},"content":{"rendered":"

National Mortgage News, April 8, 2020: Regulators ‘full steam ahead’ on CRA reform despite coronavirus pandemic<\/a><\/p>\n

The Office of the Comptroller of the Currency is plowing ahead on Community Reinvestment Act reform, drawing pushback from leaders of banking and community groups who say their members and regulators should be focused on emergency coronavirus relief.<\/p>\n

The comment deadline on the CRA proposal issued by the OCC and the Federal Deposit Insurance Corp. was set to expire Wednesday, and there was no sign of an extension. In fact, Comptroller of the Currency Joseph Otting said in a statement emailed to American Banker on Monday that “slowing the rulemaking would only delay relief and support that communities across the country need.”<\/p>\n

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\u201cEvery community group across the country has been affected in terms of their ability to comment on rulemaking,\u201d said Jesse Van Tol, CEO of the National Community Reinvestment Coalition. \u201cThere are organizations out there that don\u2019t have laptops \u2014 they use desktop computers that are pre-webcam, even pre-word processing.\u201d<\/p>\n

To press forward during a global pandemic is “beyond tone deaf,\u201d Van Tol said.<\/p>\n","protected":false},"author":926,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_angie_page":false,"content-type":"","_uag_custom_page_level_css":"","_monsterinsights_skip_tracking":false,"site-sidebar-layout":"default","site-content-layout":"default","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"default","adv-header-id-meta":"","stick-header-meta":"default","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center 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community group across the country has been affected in terms of their ability to comment on rulemaking,\u201d said Jesse Van Tol, CEO of the National Community Reinvestment Coalition. \u201cThere are organizations out there that don\u2019t have laptops \u2014 they use desktop computers that are pre-webcam, even pre-word processing.\u201d To press forward during a global…","_links":{"self":[{"href":"https:\/\/ncrc.org\/wp-json\/wp\/v2\/posts\/76356","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ncrc.org\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ncrc.org\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ncrc.org\/wp-json\/wp\/v2\/users\/926"}],"replies":[{"embeddable":true,"href":"https:\/\/ncrc.org\/wp-json\/wp\/v2\/comments?post=76356"}],"version-history":[{"count":0,"href":"https:\/\/ncrc.org\/wp-json\/wp\/v2\/posts\/76356\/revisions"}],"wp:attachment":[{"href":"https:\/\/ncrc.org\/wp-json\/wp\/v2\/media?parent=76356"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ncrc.org\/wp-json\/wp\/v2\/categories?post=76356"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ncrc.org\/wp-json\/wp\/v2\/tags?post=76356"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}