Certified Regulatory Compliance Manager (CRCM) — Question 25

Predatory lending practices can adversely affect:

Answer options

• A. A bank's CRA rating
• B. Equity shipping
• C. Loan quality control reviews
• D. Truth in Lending Act

Correct answer: A

Explanation

The correct answer is A because predatory lending practices can lead to a decline in a bank's Community Reinvestment Act (CRA) rating due to the unethical treatment of borrowers. Options B, C, and D do not directly relate to the impact of predatory lending on the bank's CRA rating.