Community Reinvestment Act

  • Your Mortgage Business and the Community Reinvestment Act

    … to be known as “redlining.” Originally passed in 1977, the Community Reinvestment Act was designed to eliminate discriminatory lending practices that so often barred low-income individuals from homeownership. CFPB and DOJ Are Cracking Down on Redlining Recently, the Department of Justice and the Consumer Financial Protection Bureau have been cracking…

    Matty Byloos/ RGR Marketing- 10 readers -
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