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Stock Investing > Finance Professor

Here's How The Community Reinvestment Act Led To The Housing Bubble's Lax Lending

Mahar | Sat, 06/27/2009 - 11:29am |  Add a comment

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The following is John Carney's explanation of how he now believes the Community Reivestment Act if 1977 helped lead to the housing bubble.Here's How The Community Reinvestment Act Led To The Housing Bubble's Lax Lending: "Contrary to my initial conclusion, the evidence is overwhelming that the CRA p
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