Rollout of new anti-redlining rules sparks confusion in banking industry

A top federal bank regulator on Wednesday released a sweeping revision of anti-redlining rules Wednesday amid reports about his pending resignation, spurring alarm and confusion among the banking industry and its critics.The Office of the Comptroller of the Currency (OCC) unveiled new rules for banks and regulators to follow under the Community Reinvestment Act (CRA), a 1977 law that requires banks to serve low-income communities and finance…