Date: November 25th, 2008

Don’t blame CRA: Part 2, then and now

25 November, 2008 (10:28) | CRA, Policy, Subprime, US News | No comments

[Continued from yesterday's Part 1.]
 

Yesterday’s post introduced us to the seductive argument, advanced by Howard Husock in City Journal and enthusiastically embraced by a wide range of affordable-housing foes, that the Community Reinvestment Act is the primum mobile of our current financial mess.
 
Which, when you think of it, is a tough claim to make for a [...]