COMMUNITY REINVESTMENT ACT - CRA
Act encouraging depository institutions to help meet credit needs of the community, specifically low and moderate income neighborhoods. Enacted in 1977, it mandates federal regulators to evaluate the record of every bank or thrift to help fulfill its obligations to the community. Then, the record will be used to assess applications for approval of bank mergers, acquisitions, charters, deposit facilities, and branch openings.
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Game theory mechanism subject to a payoff matrix similar to a prisoner’s dilemma. Anchored on the concepts of retaliation and altruism, this ...
Nonsegregated Disclosures
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Featured Investment: Annuity
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Majority of students consider federal loans as their first borrowing choice. But this loan may not be able to shoulder an entire tuition, not to me ...
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