Entries tagged "Community Reinvestment Act"
Federal Deposit Insurance Corp. data shows that over the last decade most banks have complied with the controversial Community Reinvestment Act with no rise in failures.
Clusterstock's John Carney has touted a Federal Reserve study to support his CRA conspiracy theory, when in fact the report may help debunk it.
The debate over the Community Reinvestment Act's role in the credit crisis continues in the blogosphere as Barry Ritholtz challenges opponents to a real debate not via blogs.
A recent Fed study of the Community Reinvestment Act-related lending found no connection between CRA and the subprime mortgage problems.
