SMMC News & Events Blog

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SMMC News & Events Blog

This blog highlights news, events, and informative articles on personal finance from University of Illinois System's Student Money Management Center. Feel free to navigate to different categories with the list of topics on the right or search for a specific topic next to the view all link below.

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Podcast: The Federal Community Reinvestment Act (CRA)

Jun 17, 2024 12:00 pm by Andrea PellegriniPodcasts Borrow Education News
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Making Cents of Money · Episode 85: The Federal Community Reinvestment Act (CRA)
The Federal Community Reinvestment Act (CRA)
Did you know federal law aims to curb discriminatory lending? Ed Hill from IDFPR’s Division of Banking breaks down the Community Reinvestment Act and how it works to increase lending to underserved communities in our latest episode of the Making Cents of Money podcast!
Relevent Links
- Community Reinvestment Act (CRA) via Federal Reserve Board
  - CRA Ratings via FFIEC
- Housing Discrimination Under the Fair Housing Act via HUD
- Equal Credit Opportunity Act via FTC
  - ep. 42, Credit Access - Camaya Wallace Bechard from University of Illinois Extension shared about laws that ensure access to credit, like the Equal Credit Opportunity Act.
- Home Mortgage Disclosure Act via FFIEC
- Illinois Community Reinvestment Act (CRA) via IDFPR
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