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FDIC Federal Register Citations From: yl [mailto:yl@sbcony.org] I oppose the FDIC's proposal to allow banks with assets above $250 million to be examined as small banks under the Community Reinvestment Act. This policy would reduce lending, investments and serices in low-income communities. Over the past ten years,CRA has been the main catalyst for over $300 million of mortgages for first-time low and moderate income homebuyers in the community we serve, in Brooklyn, New York. Yaakov Lebovits, Exec. Dir.
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Last Updated 11/01/2004 | regs@fdic.gov |