Avery, Robert B.; Bostic, Raphael W.; Canner, Glenn B. - Lusk Center for Real Estate, Marshall School of Business - 2003
This paper seeks to address questions about both the need for the CommunityReinvestment Act (CRA) and its efficiency. Using data from a recent survey of theperformance and profitability of CRA-related lending activities, three main conclusionsemerge. First, there is evidence that a majority of...