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The Performance and Profitability of CRA-Related Lending

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In November 1999, the U.S. Congress asked the Board of Governors of the Federal Reserve System to conduct a comprehensive study of loans made under the Community Reinvestment Act of 1977. The Board’s study focused on the loans’ delinquency and default rates— their performance—as well as their profitability. This Commentary reports the results of the study.

In November 1999, the U.S. Congress asked the Board of Governors of the Federal Reserve System to conduct a comprehensive study of loans made under the Community Reinvestment Act of 1977. The Board’s study focused on the loans’ delinquency and default rates— their performance—as well as their profitability. This Commentary reports the results of the study.


Suggested citation: Avery, Robert B., Raphael W. Bostic, and Glenn B. Canner, 2000. "The Performance and Profitability of CRA-Related Lending," Federal Reserve Bank of Cleveland, Economic Commentary, 11.01.2000.

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