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Full-Text Articles in Law
Big Cities V. Big Banks: Does A Municipality Have Standing To Sue?, Hamda Hussein
Big Cities V. Big Banks: Does A Municipality Have Standing To Sue?, Hamda Hussein
University of Baltimore Journal of Land and Development
No abstract provided.
Why The Crisis Was Unavoidable And Why Tarp Did Not Help, Aditya (Adi) Habbu
Why The Crisis Was Unavoidable And Why Tarp Did Not Help, Aditya (Adi) Habbu
University of Baltimore Journal of Land and Development
No abstract provided.
Advancing The Cra—Using The Cra's Strategic Plan Option To Promote Community Inclusion: The Cra And Community Inclusion, Cassandra Jones Havard
Advancing The Cra—Using The Cra's Strategic Plan Option To Promote Community Inclusion: The Cra And Community Inclusion, Cassandra Jones Havard
All Faculty Scholarship
Banks, banking regulators, and community organizations have spent nearly thirty years interpreting and re-interpreting the simple but ambiguous mandate of the Community Reinvestment Act (CRA). The statute imposes an affirmative duty requiring "regulated financial institutions to have continuing... obligations to help meet the credit needs of the local communities in which they are chartered." The CRA was met with much resistance and lax enforcement for almost a decade. Active protest from community groups, a more defined CRA exam, and innovative, profitable lending strategies, have resulted in a dramatic increase in community reinvestment dollar commitments and in loans to low- and …