Jason Keller, MPPA, is Director of Market Strategy, Compliance Analytics, in Wolters Kluwer Compliance Solutions. Having joined Wolters Kluwer in 2021, he is responsible for market strategy within the financial and corporate crimes and fair and responsible banking product lines, including compliance with the Community Reinvestment Act (CRA).
The new CRA rule brings on several new Defined Terms, alongside existing ones that have been updated. Access our on-demand webinar, slides, and whitepaper to get a better understanding of these changes.
A recent U.S. Supreme Court ruling on the constitutionality of the premier consumer finance regulator has broad implications, including for new business lending-related requirements.
Guidance for lenders in navigating the small business lending data collection rule
“For banks that have a satisfactory CRA score, it’s still possible for those same institutions to face public scrutiny for redlining actions,” said Jason Keller, a CRA consultant at Wolters Kluwer who previously spent 20 years at the Federal Reserve Bank of Chicago. ("Inside the Government's Feeble Fight to End Redlining," HousingWire, March 2022)