Community Reinvestment Act effect on housing crisis

meltdown-housing-crisis-community-reinvestment-act-infographic-v5

By History Infographics — Sources . . .

Updated to include advisors and co-sponsor link to 1999 bill.

Financial Services Modernization Act of 1999 pushed by John Podesta, Robert Rubin since 1995: https://www.theguardian.com/world/2014/apr/19/wall-street-deregulation-clinton-advisers-obama
https://www.nytimes.com/2008/11/24/us/politics/24rubin.html

Gramm-Leach-Bliley: https://www.congress.gov/bill/106th-congress/senate-bill/900

Andrew Cuomo: https://www.usmayors.org/usmayornewspaper/documents/08_16_99/usm_0816199913.HTM

https://www.villagevoice.com/news/andrew-cuomo-and-fannie-and-freddie-6395833

Obama sued Citibank to force more subprime lending: https://www.forbes.com/sites/davidmarotta/2012/11/05/the-election-should-be-settled-by-a-single-question-who-caused-the-financial-crisis/#7e94bffc5e30

Commodity Futures Modernization Act of 2000: https://www.latimes.com/business/hiltzik/la-fi-hiltzik-cruz-gramm-20160321-snap-htmlstory.html

https://www.treasury.gov/press-center/press-releases/Pages/ls241.aspx
https://www.businessinsider.com/the-cra-debate-a-users-guide-2009-6
https://www.census.gov/housing/hvs/data/histtab16.xlsx
https://www.vdare.com/articles/the-minority-mortgage-meltdown-contd-how-the-community-reinvestment-act-fits-in
https://dailycaller.com/2012/09/03/with-landmark-lawsuit-barack-obama-pushed-banks-to-give-subprime-loans-to-chicagos-african-americans/
https://www.census.gov/prod/2014pubs/p60-248.pdf

https://www.census.gov/hhes/www/poverty/publications/pubs-cps.html
https://www.heritage.org/~/media/infographics/2014/09/bg2955/bg-war-on-poverty-50-years-chart-2-825.ashx

https://www.npr.org/2011/08/24/139877687/racial-gap-in-homeownership-widens-in-u-s-slump