The Washington Independent

Posts Tagged low-income borrowers

Using ACORN To Misrepresent the Community Reinvestment Act, Once Again

By | 10.13.09 | 9:31 am

When is this ever going to end? Conservative lawmakers are seizing on ACORN’s troubles to once again go after the Community Reinvestment Act, an anti-redlining law that somehow became a scapegoat for the housing crisis last year, the AP reports.

The 1977 Community Reinvestment Act was intended to end

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Blaming the Wrong Borrowers

By | 10.01.08 | 8:42 am

Media Matters weighs in on the topic we wrote about Tuesday on TWI — the fact that blaming low-income and minority borrowers for the housing crisis is picking up speed as reason for the cause of the housing crisis.

Conservatives are blaming the Community Reinvestment Act, an anti-redlining More…