Community groups and bank associations questioned whether bank regulatory personnel are up to the task to implement the proposed new CRA regulations. Meanwhile, some industry lawyers and consultants suggest agencies lack the authority to enforce civil money penalties and cease-and-desist orders for banks with bad CRA scores.

The comments were among many sparked since federal regulators approved the new CRA proposal on Sept. 26. The changes impose fewer strict standards and give examiners more flexibility than the current rule and the first proposed change.

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