In 1977, then-President Jimmy Carter signed into law the Community Reinvestment Act, a federal law that sought to wipe away the last vestiges of racial discrimination and redlining in America’s
After 3 Years, Illinois Poised to Enforce Law Aiming to End Lending Discrimination wttw.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from wttw.com Daily Mail and Mail on Sunday newspapers.
After 3 years, state poised to enforce law aiming to end lending discrimination wglt.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from wglt.org Daily Mail and Mail on Sunday newspapers.
SPRINGFIELD – In 1977, then-President Jimmy Carter signed into law the Community Reinvestment Act, a federal law that sought to wipe away the last vestiges of racial discrimination and redlining
Unlike the federal law, which applies primarily to nationally chartered banks, the state law applies to state-chartered banks and savings banks, credit unions and non-bank mortgage lenders.