Answer:
It’s more important for CRA. For Fair Lending, a regulator will concentrate on the assessment area, but potentially adjust the redlining review to the Reasonably Expected Market Area (REMA) if the creditor markets and lends outside of the assessment area. The REMA is based on branches, marketing/advertising, closed and open branches, where applications are from and where loans are made. Learn more about the importance of Assessment Areas.
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