GetFitNow provided a link to “Clinton Added Teeth To CRA, Obama Turned Them Into Fangs“:

Census Bureau

The Community Reinvestment Act has led to “riskier lending and played a key role in the subprime mortgage crisis, the Obama administration is broadening the anti-redlining regulation’s authority and scope, spooking bankers.” (From the article suggested by getfitnow.)

I found the part of the article, “spooking bankers,” particularly amusing.

A recent study by the National Bureau of Economic Research, the nation’s pre-eminent economic research group, states that the CRA “clearly” had a major impact on the flood of subprime loans made in the late 1990s and 2000s, which directly led to the housing crisis. (““)

GetFitNow provided the link to this article. I hope you enjoy it as much as I have.