Dateline 1999: Impact of the CRA

    There has been much debate about the impact of the Community Reinvestment Act (CRA) on the home mortgage crisis. A libertarian friend of mine discovered this 1999 article by Ronald Brownstein at the LA Times of the proud achievements under the CRA during the Clinton presidency. This article contains references to the contributions of Clinton, Fannie and Freddie, and Andrew Cuomo. It is pointed out | Read More »