"Middle-income buyers face the largest shortage of homes among all income groups, making it even harder for them to build wealth through homeownership," said Nadia Evangelou, NAR Senior Economist and Director of Real Estate Research.
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Making CRA Work for the Communities
The Office of the Comptroller of Currency is seeking comments on modernizing the regulations of the Community Reinvestment Act to help banks reach out more effectively to low- and middle-income communities.
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