The Community Reinvestment Act has been enforced inconsistently at national banks, according to the Treasury Department's Office of Inspector General.

Examiners from the Office of the Comptroller of the Currency have deviated from CRA exam procedures, failed to document results, and strayed from the examination schedule published each quarter, the government watchdog said in a May 28 report, obtained under the Freedom of Information Act.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.