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Community Reinvestment Act

April 23, 2009

A new report (pdf) issued today by seven consumer advocacy groups provides data to refute assertions that blame the Community Reinvestment Act for the subprime crisis.

April 14, 2009

Lakeland Financial, an Indiana holding company for Lake City Bank, is remarkably consistent in its approach to the community and its shareholders.  In both cases, the approach seems to be that they are "just not that into you."

April 7, 2009

One of the comments made by policy makers studying the Community Reinvestment Act and its enforcement is that regulators have grown soft in their assessments of how banks and thrifts are serving the credit needs of communities.  Indeed, an apt comparison is to the grade inflation that exists in many other parts of society: students at

March 12, 2009

People who work in the trenches on Community Reinvestment Act policy seem to have some pretty differening notions of how to modernize this bill.  They agree that something needs to be done.  It is just a question of how.