What is redlining? How is the Community Reinvestment Act supposed to affect it? What are the classifications
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What is redlining? How is the Community Reinvestment Act supposed to affect it? What are the classifications for depository institutions and the ratings under the current regulations? Could my bank be violating the law if it fails to lend to business es located in the deteriorating downtown area?
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Redlining was a discriminatory practice in which banks and other financial institutions refused to provide loans or other financial services to residents of certain neighborhoods often based on racial ...View the full answer
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Related Book For 
Financial System Of The Economy Principles Of Money And Banking
ISBN: 9780765622464
5th Edition
Authors: Maureen Burton,Bruce Brown
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