Finance
The 'Community Reinvestment Act' (CRA) encourages federally insured depository institutions to:
AA. Invest only in low-risk mortgage portfolios
BB. Meet the credit needs of all communities they serve, including low- and moderate-income areas✓ Correct
CC. Provide below-market rate loans exclusively to first-time buyers
DD. Avoid making loans in high-risk geographic areas
Explanation
The CRA requires federally insured banks and savings institutions to help meet the credit needs of their entire service area, including low- and moderate-income neighborhoods, consistent with safe banking practices.
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