Author name: Ricky Vasquez

Regulators move to narrow CRA, drawing fire from advocates

Federal banking regulators released a Community Reinvestment Act (CRA) proposal Friday that narrows how banks earn credit for community development while raising asset thresholds for small and midsized institutions. The plan drew immediate criticism from consumer and housing advocates. The Federal Deposit Insurance Corp. (FDIC) and the Office of the Comptroller of the Currency (OCC) […]

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Retired judges challenge Tuccori opt-in commission suit settlements

Although a date has been set for a final approval hearing, the real estate brokerages and associations that settled the homebuyer commission lawsuits through the Tuccori suit’s opt-in settlement may still face some challenges.  The latest of these challenges is that earlier this week by four retired federal judges Diane Wood, David Coar, G. Patrick

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