#148 Winter 2006-07 Sold Out!

OTS Reverses Course

Thanks in good part to a change in leadership, the federal Office of Thrift Supervision announced in September that it is reversing its regressive 2005 decision to cut CRA enforcement. […]

Thanks in good part to a change in leadership, the federal Office of Thrift Supervision announced in September that it is reversing its regressive 2005 decision to cut CRA enforcement. Under previous director James Gilleran, the office had allowed thrifts with assets between $250 million and $1 billion to use a weaker CRA test. Previously, this test had only been an option for very small banks. John Reich, the new director, replaced Gilleran in August 2005. (CDFI Coalition)

OTHER ARTICLES IN THIS ISSUE

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    May 4, 2008

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  • No Smoking Gun

    May 4, 2008

    It seems that HUD Secretary Alphonso Jackson has been heard urging his staff to steer contracts toward people who like President Bush. But since an investigation by HUD’s inspector general […]

  • 2006 Housing & Community Development Victories

    December 1, 2006

    Housing Trust Funds The Affordable Housing Coalition of South Carolina was instrumental in getting South Carolina legislators to pass budget bills that reinstate $6.5 million to the state’s Housing Trust […]