Consumer groups and bankers are concerned potential changes to the Community Reinvestment Act fail to meet their needs, an article in National Mortgage News said. 

The article claims the March proposal designed to give more credit to out-of-market community development projects does not keep pace with the modern era of banking.

"It seemed that the agencies were thinking of pretty far-ranging changes to the CRA regulations and examination procedures," said Joshua Silver, vice president of research and policy of the National Community Reinvestment Coalition. "Three years later, we get some proposed changes to the question-and-answer document. They're helpful, but they're modest compared to what needs to be done."