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The performance and profitability of CRA-related lending

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Author Info

  • Robert B. Avery
  • Raphael W. Bostic
  • Glenn B. Canner
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    Abstract

    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.

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    File URL: http://www.clevelandfed.org/research/commentary/2000/1100.htm
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    Bibliographic Info

    Article provided by Federal Reserve Bank of Cleveland in its journal Economic Commentary.

    Volume (Year): (2000)
    Issue (Month): Nov ()
    Pages:

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    Handle: RePEc:fip:fedcec:y:2000:i:nov

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    Related research

    Keywords: Community Reinvestment Act of 1977 ; Bank loans;

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    Cited by:
    1. Xiaoqiang Cheng & Patrick VAN CAYSEELE, 2010. "State Aid and Competition in Banking: The Case of China in the Late Nineties," Working Papers id:2435, eSocialSciences.
    2. William C. Apgar & Mark Duda, 2003. "The twenty-fifth anniversary of the Community Reinvestment Act: past accomplishments and future regulatory challenges," Economic Policy Review, Federal Reserve Bank of New York, issue Jun, pages 169-191.

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