New Study Blames Community Reinvestment Act For Mortgage Defaults

While the administration maintains the CRA played no role in the housing crisis, a major new study finds the law in fact “led to riskier lending by banks.”...

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While the administration maintains the CRA played no role in the housing crisis, a major new study finds the law in fact “led to riskier lending by banks.”

Source: New Study Blames Community Reinvestment Act For Mortgage Defaults – Investors.com

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