redlining

At Economist’s View, Mark Thoma brings up a subject no one seems to want to talk about anymore – helping people with modest incomes buy homes.
In the housing crisis, poor people — of all the likely suspects — are playing the role of scapegoats. Conservatives support the idea that the Community Reinvestment Act, an [...]

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 law, by saying it forced banks to make [...]