Laws such as the Community Reinvestment Act require banks to lend to applicants living in underprivileged areas.
Financial and business terms. 2012.
Community Reinvestment Act — The Community Reinvestment Act (CRA, Pub.L. 95 128, title VIII of the Housing and Community Development Act of 1977, 91 Stat. 1147, 12 U.S.C. § 2901 et seq.) is a United States federal law designed to encourage commercial… … Wikipedia
Community Reinvestment Act — Le Community Reinvestment Act (CRA) ou « Loi de financement communautaire » est une loi américaine portant sur les relations entre banques ou autres grands organismes financiers de dépôts et communautés. Votée en 1977 sous Jimmy Carter … Wikipédia en Français
Community Reinvestment Act — Der Community Reinvestment Act (kurz CRA) ist ein Bundesgesetz in den USA, das seit den 1970er Jahren so genanntes Redlining, also die Beschränkung von Kreditangeboten auf wohlhabende Wohngegenden bzw. Schichten, vermeiden soll. Der CRA wurde… … Deutsch Wikipedia
Community Reinvestment Act — ( CRA) A federal statute enacted to require banks and savings and loan associations to meet the credit needs of their communities, including low and moderate income neighborhoods. American Banker Glossary ( CRA) Enacted by Congress in 1977, the… … Financial and business terms
Community Reinvestment Act - CRA — An act of Congress enacted in 1977 with the intention of encouraging depository institutions to help meet the credit needs of surrounding communities (particularly low and moderate income neighborhoods). The CRA requires federal regulators to… … Investment dictionary
American Recovery and Reinvestment Act of 2009 — Stimulus bill redirects here. For other uses, see Stimulus bill (disambiguation). ARRA redirects here. For other uses, see ARRA (disambiguation). American Recovery and Reinvestment Act of 2009 Full title An act making supplemental appropriations… … Wikipedia
Gramm-Leach-Bliley Act — The Gramm Leach Bliley Act , also known as the Gramm Leach Bliley Financial Services Modernization Act , USStatute|106|102|113|1338|1999|11|12, is an Act of the United States Congress which repealed part of the Glass Steagall Act, opening up… … Wikipedia
Depository Institutions Deregulation and Monetary Control Act — The Depository Institutions Deregulation and Monetary Control Act, a United States federal financial statute law passed in 1980, gave the Federal Reserve greater control over non member banks. It forced all banks to abide by the Fed s rules. It… … Wikipedia
Financial Institutions Reform, Recovery and Enforcement Act of 1989 — The Financial Institutions Reform Recovery and Enforcement Act of 1989 (FIRREA) is a United States federal law enacted in the wake of the savings and loan crisis of the 1980s. It established the Resolution Trust Corporation (RTC) to close… … Wikipedia
Association of Community Organizations for Reform Now — Infobox Organization name = Association of Community Organizations for Reform Now image border = size = caption = msize = mcaption = abbreviation = ACORN motto = formation = 1970 extinction = type = Non governmental organization status = purpose … Wikipedia
