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Real Estate Glossary

Community Reinvestment Act

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Written by Richard Wilson

Under federal law, lenders are required to describe the geographical market area that they serve. The deposits from an area are to be reinvested back into that area whenever necessary.

Under federal law, lenders are required to describe the geographical market area that they serve. The deposits from an area are to be reinvested back into that area whenever necessary.

About the author

Richard Wilson