New York poised to expand CRA rule to nonbank lenders
Housing Wire
OCTOBER 25, 2021
New York State is close to approving a controversial bill that expands the requirements of the state community reinvestment act (CRA) to non-depository lenders, following the lead of Massachusetts and Illinois. Some states, however, are adopting the same rule for non-depository lenders. 5246-A on Friday to Gov.
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