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WASHINGTON — The Office of Thrift Supervision, under the direction of then James Gilleran, caused quite a stir a couple years back when it broke from the other regulators in reforming Community Reinvestment Act regulations. The OTS, under Director John Reich, who served at the FDIC at the time, is now ready to align its regulations with the other regulators. OTS cut back reporting requirements even further than the FDIC and OCC had done at the time.

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