The Financial Crisis and the CRA by Howard Husock, City Journal 30 October 2008

The Financial Crisis and the CRA by Howard Husock, City Journal 30 October 2008: "While opinions vary on how long the current crisis in our housing and financial markets will last, its principal causes are clear. Exceptionally low interest rates, high levels of available capital, and the advent of mortgage securitization combined to spur overinvestment in housing—and underinvestment in the sort of due diligence that once typified lending."