Posted By: JUST CALL ME CRA
CFPB and Banks over 10 Billion - 01/08/14 05:42 PM
I understand that CRA was not included in the laws that CFPB regulates. So if a bank goes over $10 Billion and CFPB becomes their primary compliance regulator, who does the bank's CRA exam. Also, is there a piece of regulation that tells when the CFPB's compliance supervision begins after the bank exceeds the $10 billion threshold? Is it immediate?