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Research Notes

Subprime Lending and the Community Reinvestment Act

Kevin Park • November 1, 2008

There are many causes to the collapse of the housing market and the recent financial turmoil, but the contribution of the CRA appears marginal. While banks did engage in…
Working Papers

Housing and Wealth Accumulation: Intergenerational Impacts

Thomas Boehm, Alan Schlottmann • October 15, 2001

It has long been argued that promoting homeownership among low-income households is worthwhile because owned housing may be an important source of savings for these families…