From: Henry Freedman [mailto:hfreedman@att.net]
Sent: Friday, September 17, 2004 2:24 PM
To: Comments
Subject: Oppose Efforts to Weaken CRA RIN number 3064-AC50
Henry Freedman
150 West 96th Street, #5E
New York, NY 10025
September 17, 2004
Federal Deposit Insurance Commission
Dear Federal Deposit Insurance Commission:
Despite the successes of community development locally and nationally,
the
banks and thrift institutions that provided the loans, services,
and
investments to build new homes, businesses, and community facilities
may
no longer have the impetus to do so if the FDIC raises the comprehensive
CRA exam threshold.