Mattoon, IL, USA / MyRadioLink.com
For Immediate Release – May 28, 2021
IDFPR Announces Webinar on Historic Implementation Process of Illinois’ Community Reinvestment Act
CHICAGO – The Illinois Department of Financial and Professional Regulation has announced that a recording of a webinar on what’s next for the Illinois Community Reinvestment Act (CRA) is now available online. It may be viewed by clicking this link.
Hosted by IDFPR on Wednesday, May 26, the discussion featured financial regulators from both Illinois and Massachusetts (the first state to include both non-bank mortgage lending and credit unions in its state CRA; Illinois is just the second). The discussion focuses on the future of Illinois’ CRA for banking, credit unions, and non-bank mortgage lenders, along with a history of the Massachusetts CRA and its current state.
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