Comments on: The CRA and the Mortgage Meltdown http://www.coyoteblog.com/coyote_blog/2009/10/the-cra-and-the-mortgage-meltdown.html Dispatches from a Small Business Sun, 12 Feb 2012 15:04:09 +0000 hourly 1 http://wordpress.org/?v=3.2.1 By: John http://www.coyoteblog.com/coyote_blog/2009/10/the-cra-and-the-mortgage-meltdown.html/comment-page-1#comment-24018 John Tue, 06 Oct 2009 16:19:28 +0000 http://www.coyoteblog.com/?p=9206#comment-24018 My educated guess is that the gub'mint expanded what is considered qualified CRA lending. There are lots of SBA initiatives and SBICs created recently that accept commercial bank investments to their funds as CRA-qualified loans. These projects probably tend to be more economically viable than a typical CRA loan. I just don't know to what magnitude this explains the increase (because it is massive!). My educated guess is that the gub’mint expanded what is considered qualified CRA lending. There are lots of SBA initiatives and SBICs created recently that accept commercial bank investments to their funds as CRA-qualified loans.

These projects probably tend to be more economically viable than a typical CRA loan. I just don’t know to what magnitude this explains the increase (because it is massive!).

]]> By: audrey http://www.coyoteblog.com/coyote_blog/2009/10/the-cra-and-the-mortgage-meltdown.html/comment-page-1#comment-23971 audrey Mon, 05 Oct 2009 21:23:47 +0000 http://www.coyoteblog.com/?p=9206#comment-23971 Does more government control and less consumer choice sound familiar? The Consumer Financial Protection Agency (CFPA) is designed to regulate consumer financial products. We need to support effective consumer protection that ensures concise disclosures about risks associated. Visit http://www.friendsoftheuschamber.com/issues/index.cfm?ID=469 Does more government control and less consumer choice sound familiar? The Consumer Financial Protection Agency (CFPA) is designed to regulate consumer financial products. We need to support effective consumer protection that ensures concise disclosures about risks associated. Visit http://www.friendsoftheuschamber.com/issues/index.cfm?ID=469

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