Avery, Robert B.; Bostic, Raphael W.; Canner, Glenn B. - In: Economic Commentary (2000) Nov
In November 1999, the U.S. Congress asked the Board of Governors of the Federal Reserve System to conduct a comprehensive study of loans made under the Community Reinvestment Act of 1977. The Board’s study focused on the loans’ delinquency and default rates—their performance—as well as...