Finance
Washington's Community Reinvestment Act (CRA) obligations apply to:
AAll real estate brokers operating in low-income areas
BBanks and thrift institutions, requiring them to serve the credit needs of all communities including low-income areas✓ Correct
CMortgage brokers who originate FHA loans
DThe Washington Housing Finance Commission
Explanation
The CRA requires federally regulated banks and thrift institutions to demonstrate they are meeting the credit needs of all segments of their communities, including low- and moderate-income neighborhoods.
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