Jim, I've served on a bank board for many years and watched the Community Reinvestment Act play out for as long as it has existed. Yes back to the Carter years.

There was some federal pressure to extend loans in blighted areas which did not no make economic sense, but none to make the stupid loans which wound up in the federal guarantee pools which precipitated the real estate bubble.

That was just good old American greed, and it is disingenuous to blame it on the CRA or the democrats...Geo