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New loan restrictions will violate the Community Reinvestment Act

New Orleans Sometimes they simply protest too much, and sometimes strange bedfellows are simply bedfellows caught strangely.  This would be my summary on the team being put together to in Washington to whine about some of the new mortgage lending rules that the Mortgage Bankers Association, never a group that I would pick for [...]

Modernize the CRA

New Orleans US Congresswoman Eddie Bernice Johnson (D-TX) the great community and people’s advocate from Dallas has the right idea and is building support for her bill to bring the 33 year old Community Reinvestment Act (CRA) up to snuff so that it can work for the 21st century as effectively as it did [...]

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