Center for Straight Answers
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- Minority Lending is Not To Blame For Meltdown
January 15, 2009
Despite all evidence otherwise, Wall Street and other interest groups want to blame the Community Reinvestment Act and minority homeownership in general for the current economic meltdown. Here we explore the facts behind the Community Reinvestment Act and its nonexistent role in the subprime loan market and the current economic mess.
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