Asked by j
The Community Reinvestment Act of 1977 succeeded in
reducing discrimination against banks.
helping to improve the economy.
reducing discrimination against borrowers.
lowering interest rates charged by banks.
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reducing discrimination against borrowers
The Community Reinvestment Act was designed to discourage "redlining" and require banks to help meet the credit needs of all segments of their communities, including low- and moderate‑income borrowers.
The Community Reinvestment Act was designed to discourage "redlining" and require banks to help meet the credit needs of all segments of their communities, including low- and moderate‑income borrowers.
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