There are many causes to the collapse of the housing market and the recent financial turmoil, but the contribution of the CRA appears marginal. While banks did engage in…
Centro de Investigacion y Documentacion de la Casa (CIDOC), Sociedad Hipotecaria Federal
•
April 1, 2005
The development of the housing sector is a strategic factor for any nation’s economic and social growth. An efficient and accessible housing market reduces the effect and…
Roberto Quercia, Michael Stegman, Walter Davis, Eric Stein
•
October 1, 2001
The 1977 Community Reinvestment Act (CRA) was enacted to encourage banking institutions to meet the credit needs of their entire communities. In response, lenders have…