Submitted by admin on Sun, 07/19/2009 - 5:29pm
There can be a significant advantage to collecting and tracking your non-reportable loans under CRA because the Act allows you to elect to include your non-reported loans in your CRA Performance Evaluation. Furthermore, your lending can be broken down by portfolio type and you can selectively choose which portfolios to include in your Performance Evaluation. This is a no-lose proposition.

