The boom and bust in nonprime and nontraditional mortgage lending in the United States is without precedent. The factors that fueled the boom and the way it unfolded sowed…
MF10-10: The boom and bust in nonprime and nontraditional mortgage lending in the UnitedStates is without precedent. The factors that fueled the boom and the way it…
W10-1: The negative impacts of concentrated foreclosures have been destabilizing communities across the country. Community development corporations (CDCs) and other…
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…