Another banker has written me to explain why the CRA Scam is even worse than we imagined. My workds are in brackets. L.S. writes: I am an expert in the Community Reinvestment Act and the Home Mortgage Disclosure Act and related Fair Lending laws. I have been consulting in this specializeed compliance area for 14 years and have worked with hundreds of banks and some community organizations as well. There is a good deal of truth to the allegation that the CRA did contribute to the current financial crisis . . . . There is much good to be said … Continue reading A Banker on the Evils of the Community Reinvestment Act