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Housing Wire: OCC used “outdated, unclear” guidance for redlining exams

Housing Wire, June 22, 2022, OCC used “outdated, unclear” guidance for redlining exams

Addressing the legacy of redlining, which was formally outlawed more than 50 years ago, recently has become a key focus of federal housing policy discussions.

In recent years, community groups such as National Community Reinvestment Coalition have negotiated community benefits agreements with banks totaling $500 billion since 2016, by seizing on regulatory reviews of mergers to allege the banks redlined.

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