A respected fair lending consultant to banks believes that the policy chaos created by the election offers a golden moment of opportunity for re-evaluating pending changes in the Community Reinvestment Act and enforcement of fair lending statutes to make them less burdensome and ultimately more effective.

Banking consultant Jo An Barefoot said policymakers should rethink their policies on enforcement of anti-bias laws in the wake of the elections substantive repudiation of Democratic leadership-- but not abandon their efforts, she says.

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