What did the community reinvestment act

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Reference no: EM133196995 , Length: 2 Pages

Assignment:

1. Why did housing prices rise rapidly during 2002 to 2005?

2. Why did the mortgage default rate increase so sharply during 2006 and 2007 even before the 2008 to 2009 recession began?

3. What did the Community Reinvestment Act have to do with the housing bubble and collapse?

Reference no: EM133196995

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