Business and property owners in Chinatown have another funding source to tap for building improvements. The Community Redevelopment Agency (CRA) has introduced a new batch of loans totaling $1.5 ...
Sign up for the daily CJR newsletter. Felix Salmon takes John Carney of Clusterstock to task for latching on to the right-wing effort to blame the housing bubble and ...
The Community Reinvestment Act mandates that a bank meets the credit needs of the communities which it serves as delineated by its CRA assessment areas. The regulation has a simple test to address ...
A Northeast Ohio community bank has been dinged by regulators in its latest Community Reinvestment Act (CRA) exam. In a recently released assessment, First Federal Savings & Loan Association of Lorain ...
The Community Reinvestment Act (CRA) was passed in 1977 to combat redlining and increase bank services in low-income communities. Despite progress, the legacy of redlining continues to affect ...
Navy Federal's troubles with lending discrimination would likely have been remedied long ago if it were subject to the Community Reinvestment Act, writes Ken Thomas. Had Navy Federal been subject to ...
Recent news reports have attempted to blame the Community Reinvestment Act�(CRA) for the subprime mortgage crisis, claiming that the law forced banks to give subprime loans to minorities in poor ...
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