“Had Determine not withdrawn its software, each legislation and customary sense would have dictated that regulators reject it,” stated Jesse Van Tol, president and CEO of the Nationwide Neighborhood Reinvestment Coalition, in an announcement that accused the corporate of constructing inadequate plans to satisfy a financial institution’s customary obligations beneath the Neighborhood Reinvestment Act. “That is excellent news for anybody who thinks we should always have a steady, secure and appropriately supervised monetary system.”
