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Tag: Office of the Comptroller of the Currency (OCC)

Justice Department Announces New Initiative to Combat Redlining

By Stacy M. Brown, NNPA Newswire The Justice Department announced the launch of the department’s new Combatting Redlining Initiative today. Redlining is an illegal practice...

Community Reinvestment Act Changes Expected to Benefit Low- and Moderate-Income Communities

The Community Reinvestment Act was enacted in 1977 as a direct response to redlining, an unethical practice whereby banks and other lending institutions made...