Enforcement of the Community Reinvestment Act


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Community Reinvestment Act


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Community Reinvestment Act


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Democratizing Capital


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"In Democratizing Capital, Professor Richard Marsico offers a bold proposal for improving the Community Reinvestment Act (CRA), a law that has done more than any other to "democratize capital" by bringing under privileged people and neighbourhoods into the economic mainstream." "Democratizing Capital will be of interest to policymakers, bankers seeking to comply with the law, government officials seeking to enforce it, community groups seeking to increase lending in their neighbourhoods, students interested in learning about the CRA, and anyone else interested in low-income community economic development."--BOOK JACKET.




Credit to the Community


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This book provides the most comprehensive examination of community reinvestment and fair lending problems and policies currently available. It outlines the history of lending discrimination and redlining in U.S. mortgage and small business lending markets, and documents the persistence of such problems today. The author explains the role that government has played in developing banking and credit markets in the United States, from the creation of Alexander Hamilton's First Bank of the United States to the ongoing support government provides through the subsidization of secondary markets and through maintenance of critical regulatory infrastructure. Immergluck takes issue with those calling for deregulation of financial services - especially in the arena of fair lending and consumer protection - and gives new voice to rationales for social contract policies such as the Community Reinvestment Act. He provides new long-term analysis of the failure of federal bank regulators to enforce the CRA, and also shows how increased community activism and media attention have led to sporadic periods of stronger CRA enforcement. Finally, he recommends a number of policy changes that are needed to modernize the nation's fair lending and community reinvestment laws and make them more relevant for the 21st century.




Enforcement of the Community Reinvestment Act


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Proposed Regulatory Community Reinvestment Act Reform


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Enforcing the Community Reinvestment Act


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This guide to the Community Reinvestment Act (CRA) is designed to provide community advocates with the basic information and skills they need to challenge bank redlining and promote economic development in their neighborhoods. The Guide includes four sections: the legal structure of the CRA; important information about banks and how to get it; analyzing a bank's CRA records, and participating in the CRA enforcement process.




President Clinton's Community Reinvestment Act Reform Initiative and Enforcement of Federal Fair Lending Laws


Book Description

Excerpt from President Clinton's Community Reinvestment Act Reform Initiative and Enforcement of Federal Fair Lending Laws: Hearing Before the Subcommittee on Consumer Credit and Insurance of the Committee on Banking, Finance and Urban Affairs, House of Representatives, One Hundred Third Congress, First Session; October 21, 1993 I would like to ask a cou 1e of folks in the back if you would not mind closing the doors in t e back of the room so we can keep the racket down a little bit, please. This morning the subcommittee holds an important hearing on the enforcement of the Community Reinvestment Act and the fair lending laws. These laws have been on the books for close to two decades or more, yet as well intended and well written as the are, discrimination and disinvestment continue to be an ongoing act of life in communities across the country. These twin wrongs have caused a tragic loss of hope in affected communities and represent a daily embarrassment to our Nation. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.