MarketplaceCra Loans Why blame the Community Reinvestment Act? When 80% of home loans were outside the jurisdiction of the CRA? Half of the loans originated under the First bank without intervention by the CRA, and 25 to 30% came from banks with the participation of the CRA that very little. Because all America does nothing but complain. Because 90% of seizures were loans that were made because of the CRA. In case you have not noticed, the Republicans like to blame the problems on minorities. You are wrong. The foreclosure rates are much higher for CRA loans. Posted on February 9, 2010.
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