Has Community Reinvestment Become the Ghetto of the Banking Industry?

ACORN Citizen Wealth Financial Justice

New Orleans   Since the financial crisis many of us who believe in decent and affordable housing have spent time making sure the Community Reinvestment Act (CRA) didn’t become the goat for the financial meltdown and banking scandals. And, don’t get me wrong, that’s important! In a 2015 Federal Reserve study the conclusion was clear: CRA …

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