FDIC’s Bair Sets to Shatter CRA Myth

 · WSJ shatters myth of tightly consolidated mortgage market.. FDIC’s Bair Sets to Shatter CRA "Myth". We set out to ask how lenders were.

Nowhere.’ The facts are simple, Bair said. The lending practices that are causing problems today were driven by a desire for more market share and revenue growth, not because the government encouraged certain lending practices." (FDIC’s Bair Sets to Shatter CRA "Myth", by Kelly Curran, HousingWire.com, December 5, 2008.)

Posted February 25th, 2010 by Dan Norcini & filed under In The News.. Dear Friends, A tip of the hat to CIGA “MD” who supplied this link to the English version of Russia’s Pravda. I have no way of confirming the accuracy of the report but perhaps this is what put such a.

lending and investing in underserved areas, so to set the record straight, we are sharing articles, editorials and columns that debunk the CRA myth. CRA is not perfect of course; over time some regula-tors have narrowed the box of what qualifies, dimin-ishing the incentives for banks to seek an “Outstand-

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Interview w/ Sheila Bair, Chair, Federal Deposit Insurance FDIC’s bair debunks cra myth as Cause of Financial Crisis In remarks by FDIC Chairman Sheila Bair to the New America Foundation conference in Washington, DC, she addressed the myth that the Community Reinvestment Act caused the financial crisis and that working with troubled homeowners to reduce foreclosures lacks urgency and may be akin to a.

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Contents 1.3 million homeowner assistance 23 county registers Environmental protection agency Clean power plan General bill schuette Docx ceo pleads guilty Online shopping from the earth’s biggest selection of books, magazines, music, DVDs, videos, electronics, computers, software, apparel & accessories, shoes, jewelry.

 · Nowhere.’ The facts are simple, Bair said. The lending practices that are causing problems today were driven by a desire for more market share and revenue growth, not because the government encouraged certain lending practices." (FDIC’s Bair Sets to Shatter CRA "Myth", by Kelly Curran, HousingWire.com, December 5, 2008.)