Community Reinvestment Act

Community Reinvestment Act - Politics, Business, Civil, History - Posted: 12th Aug, 2010 - 6:56pm

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Post Date: 12th Aug, 2010 - 6:56pm / Post ID: #

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Community Reinvestment Act

Community Reinvestment Act

Gaming the System": Study Details How Big Banks Are Avoiding Lending Obligations Under Community Reinvestment Act

A new report from National People's Action shows how big banks have been able to wiggle around their obligations under the Community Reinvestment Act. The act was passed in 1977 to stop the redlining of low-income neighborhoods and communities of color. Federal bank and thrift regulatory agencies are holding a public hearing in Chicago today, one of several held nationwide this summer to reevaluate the act. Ref. Source 4

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Post Date: Thu Jul 17 22:12:45 GMT 2025 / Post ID: #

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Community Reinvestment Act

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More opinions appreciated on community reinvestment act has to be expounded swiftly so maybe intensively so I can decide for myself.



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