Assessing the Community Reinvestment Act's Role in the Financial Crisis

Neil Bhutta and Daniel R. Ringo
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Daniel R. Ringo: https://www.federalreserve.gov/econres/daniel-r-ringo.htm

No 2015-05-26-1, FEDS Notes from Board of Governors of the Federal Reserve System (U.S.)

Abstract: An important question arising out of the financial crisis is whether the Community Reinvestment Act (CRA) played a significant role in the subprime mortgage boom and bust by pushing banks to make loans to risky borrowers.

Date: 2015-05-26
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Persistent link: https://EconPapers.repec.org/RePEc:fip:fedgfn:2015-05-26-1

DOI: 10.17016/2380-7172.1530

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