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After 3 Years, Illinois Poised to Enforce Law Aiming to End Lending Discrimination

After 3 Years, Illinois Poised to Enforce Law Aiming to End Lending Discrimination
wttw.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from wttw.com Daily Mail and Mail on Sunday newspapers.

United statesHyde parkSouth chicagoMario treto jrGeorge floydJane doyleJimmy carterCurtis tarverWoodstock instituteCity bureauCommission on equityCommunity reinvestmentCommittee on administrativeIllinois community reinvestmentIllinois department of financialIllinois department

After 3 years, state poised to enforce law aiming to end lending discrimination

After 3 years, state poised to enforce law aiming to end lending discrimination
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United statesHyde parkSouth chicagoCurtis tarverGeorge floydJimmy carterJane doyleCity bureauIllinois community reinvestmentWoodstock instituteCommunity reinvestmentIllinois department of financialCommission on equityCommittee on administrativePresident jimmy carterCommunity reinvestment act

After 3 years, Illinois poised to enforce law aiming to end lending discrimination

SPRINGFIELD – In 1977, then-President Jimmy Carter signed into law the Community Reinvestment Act, a federal law that sought to wipe away the last vestiges of racial discrimination and redlining

South chicagoUnited statesHyde parkGeorge floydJane doyleCurtis tarverJimmy carterIllinois department of financialSouthern illinois editorial associationWoodstock instituteIllinois community reinvestmentCommission on equityRobertr mccormick foundationCommittee on administrativeCommunity reinvestmentIllinois press foundation

After 3 years, Illinois poised to enforce law aiming to end lending discrimination

Unlike the federal law, which applies primarily to nationally chartered banks, the state law applies to state-chartered banks and savings banks, credit unions and non-bank mortgage lenders.

United statesHyde parkSouth chicagoCurtis tarverJane doyleGeorge floydJimmy carterIllinois department of financialCity bureauIllinois community reinvestmentWoodstock instituteCommission on equityCommunity reinvestmentCommittee on administrativeNews illinoisPresident jimmy carter

After 3 years, state poised to enforce law aiming to end lending discrimination

After 3 years, state poised to enforce law aiming to end lending discrimination
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United statesSouth chicagoHyde parkPeter hancockJane doyleCurtis tarverGeorge floydMario treto jrJimmy carterCommission on equityCity bureauIllinois community reinvestmentCommunity reinvestmentWoodstock instituteIllinois department of financialCommittee on administrative