Document Type
Article
Publication Date
12-1996
ISSN
0016-8092
Publisher
Georgetown University Law Center
Language
en-US
Abstract
Although it has been settled law for almost two decades, there has been a heightened interest in the Community Reinvestment Act (CRA) over the last several years. One factor driving this interest is the continuing economic decline of the inner cities and the consequent widening of the wealth gap between cities and surrounding suburbs in many areas of the country. A second factor is the consolidation of the banking industry, which has encouraged expansion-oriented banks to improve their CRA ratings to gain the approval of regulators. A recent effort to enhance enforcement of the statute, in part the result of information made available under recent legislation, is a third factor. A fourth factor is the current wave of deregulatory talk in Washington, which has generated counterproposals to weaken the statute.
Recommended Citation
Keith N. Hylton & Vincent D. Rougeau,
Lending Discrimination: Economic Theory, Econometric Evidence, and the Community Reinvestment Act
,
in
85
Georgetown Law Journal
237
(1996).
Available at:
https://scholarship.law.bu.edu/faculty_scholarship/2210
