Finance
Under the Community Reinvestment Act (CRA), banks are evaluated on their:
AProfitability in real estate lending
BEfforts to meet credit needs of all portions of their communities, including low- and moderate-income neighborhoods✓ Correct
CCompliance with RESPA disclosure requirements
DInterest rate competitiveness compared to national averages
Explanation
The Community Reinvestment Act (CRA) requires federal regulators to assess banks' records of meeting the credit needs of their entire communities, including low- and moderate-income areas, to combat redlining.
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