Download or read book Credit to the Community written by Dan Immergluck and published by Routledge. This book was released on 2016-07-08 with total page 329 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book provides the most comprehensive examination of community reinvestment and fair lending problems and policies currently available. It outlines the history of lending discrimination and redlining in U.S. mortgage and small business lending markets, and documents the persistence of such problems today. The author explains the role that government has played in developing banking and credit markets in the United States, from the creation of Alexander Hamilton's First Bank of the United States to the ongoing support government provides through the subsidization of secondary markets and through maintenance of critical regulatory infrastructure. Immergluck takes issue with those calling for deregulation of financial services - especially in the arena of fair lending and consumer protection - and gives new voice to rationales for social contract policies such as the Community Reinvestment Act. He provides new long-term analysis of the failure of federal bank regulators to enforce the CRA, and also shows how increased community activism and media attention have led to sporadic periods of stronger CRA enforcement. Finally, he recommends a number of policy changes that are needed to modernize the nation's fair lending and community reinvestment laws and make them more relevant for the 21st century.

Download or read book Report on the Status of the Community Reinvestment Act written by United States and published by . This book was released on 1992 with total page 476 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book The Community Reinvestment Sourcebook written by National Community Reinvestment Coalition and published by . This book was released on 1993 with total page 388 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book The Community Reinvestment Act written by Roland E. Brandel and published by . This book was released on 1989 with total page 670 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Color and Money written by Gregory D. Squires and published by SUNY Press. This book was released on 2001-03-29 with total page 228 pages. Available in PDF, EPUB and Kindle. Book excerpt: A case study of Milwaukee, Wisconsin exploring how lending practices and access to capital are shaped by race.

Download or read book After Redlining written by Rebecca K. Marchiel and published by University of Chicago Press. This book was released on 2021-09-05 with total page 321 pages. Available in PDF, EPUB and Kindle. Book excerpt: "The story of how American banks helped disenfranchise nonwhite urbanities and condemn to blight the very neighborhoods that needed the most investment is infuriating. And yet, by digging into the history of urban finance, Rebecca Marchiel here illuminates how urban activists changed some banks' behavior to support investment in communities that they had once abandoned. These developments, in turn, affected federal urban policy and reshaped banks' understanding of the role that urban communities play in the financial system. The legacy of reinvestment activism is clouded, but Marchiel's detailing of it transforms our understanding of the history and significance of community/bank relations"--Provided by publisher.

Download or read book The Community Reinvestment ACT written by United States. Congress and published by Createspace Independent Publishing Platform. This book was released on 2018-01-17 with total page 324 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Community Reinvestment Act : thirty years of accomplishments, but challenges remain : hearing before the Committee on Financial Services, U.S. House of Representatives, One Hundred Tenth Congress, second session, February 13, 2008.

Download or read book The Community Reinvestment Act written by and published by . This book was released on 2008 with total page 196 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book The Community Reinvestment Act and the Profitability of Mortgage oriented Banks written by Glenn Canner and published by . This book was released on 1997 with total page 58 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Community Reinvestment Act written by United States. Congress. Senate. Committee on Banking, Housing, and Urban Affairs and published by . This book was released on 1988 with total page 642 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Credit to the Community written by Daniel Immergluck and published by . This book was released on 2004 with total page 315 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Proposals to Enhance the Community Reinvestment Act written by United States. Congress. House. Committee on Financial Services and published by . This book was released on 2010 with total page 312 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Community Reinvestment Act and Local Governance Contexts written by Colleen Casey and published by . This book was released on 2017 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: One main goal of the Community Reinvestment Act (CRA) of 1977 is to stimulate reinvestment by increasing CRA-regulated lending activity in low-income and minority communities. CRA has been applauded for democratizing credit (Barr, 2005) however, its regulatory shortcomings, namely the need to strengthen and expand federal enforcement, have also been acknowledged (Fishbein, 1992; Immergluck, 2004). The design of CRA actively encourages community-based groups and coalitions to participate in regulation and oversight. In many cities across the country, organized nonprofit networks and community-based groups have played pivotal roles in making the goals of community reinvestment a reality. Community mobilization can be a positive externality, as it allows for the public and the local community to provide input and participate in CRA governance. However, reliance on mobilization at the local level can also produce negative externalities, particularly in places that lack the capacity to mobilize around CRA or as this capacity changes over time.This article suggests that a changed governance context at the local level may be associated with the achievement of community reinvestment goals. We conducted a longitudinal analysis (from 2007 to 2014) of the case of St. Louis, Missouri, a city that experienced a change in community governance around CRA in 2009. Historically, St. Louis could be characterized as a city in which CRA mobilization was lacking; however, in 2009, a reinvestment coalition formed and took actions such as negotiating agreements with lenders, providing public comments to regulators, and building partnerships and relationships with lenders. The results of the analysis suggest that community mobilization around CRA is associated with some positive outcomes -- such as increases in the likelihood of loan approvals in the post-CRA governance context and by lenders with CRA agreements. However, we also find that the post-CRA governance context is associated with differential effects in terms of which racial and ethnic groups benefit from the CRA agreements. Community mobilization around CRA appears to be associated with a stimulation of community reinvestment activity and may be a positive part of CRA design; however, alone, it may not be enough to achieve the broader ideals of community reinvestment. We conclude with a discussion of future policy implications.

Download or read book Provisions Aimed at Strengthening the Community Reinvestment Act written by United States. Congress. Senate. Committee on Banking, Housing, and Urban Affairs and published by . This book was released on 1988 with total page 492 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book The Community Reinvestment ACT written by United States Congress House of Represen and published by . This book was released on 2015-02-14 with total page 326 pages. Available in PDF, EPUB and Kindle. Book excerpt: This work has been selected by scholars as being culturally important, and is part of the knowledge base of civilization as we know it. This work was reproduced from the original artifact, and remains as true to the original work as possible. Therefore, you will see the original copyright references, library stamps (as most of these works have been housed in our most important libraries around the world), and other notations in the work. This work is in the public domain in the United States of America, and possibly other nations. Within the United States, you may freely copy and distribute this work, as no entity (individual or corporate) has a copyright on the body of the work.As a reproduction of a historical artifact, this work may contain missing or blurred pages, poor pictures, errant marks, etc. Scholars believe, and we concur, that this work is important enough to be preserved, reproduced, and made generally available to the public. We appreciate your support of the preservation process, and thank you for being an important part of keeping this knowledge alive and relevant.

Download or read book The Community Reinvestment Act and Credit Allocation written by Glenn Canner and published by . This book was released on 1982 with total page 16 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Democratizing Capital written by Richard Marsico and published by . This book was released on 2005 with total page 338 pages. Available in PDF, EPUB and Kindle. Book excerpt: "In Democratizing Capital, Professor Richard Marsico offers a bold proposal for improving the Community Reinvestment Act (CRA), a law that has done more than any other to "democratize capital" by bringing under privileged people and neighbourhoods into the economic mainstream." "Democratizing Capital will be of interest to policymakers, bankers seeking to comply with the law, government officials seeking to enforce it, community groups seeking to increase lending in their neighbourhoods, students interested in learning about the CRA, and anyone else interested in low-income community economic development."--BOOK JACKET.