Redlining In USA Housing Loan And Community Reinvestment Moves

Redlining and community reinvestment moves in USA housing loans have been one of the conspicuous problem since 1960's, which paid attention to by scholars broad and fierce dispute.This article obtains from the housing loan redlining concept and implementation, carries on in the detail to the redlining development; conduct the system research the cause that affected redlining and the community reinvestment moves'development.That the first part concentrates on that the redlining in USA housing loans has been paid attention to right away in 1960's. The research was taken to learning field with the community organization moves of carrying out. Different scholars have started different research visual angle and have brought forward the many-sided viewpoint to its creation and concept. This paper is related to mainly with these relining having been debated concepts making an item for two aspects resolution that are "the geography redlining" and "race aspect redlining "and has brought forward an author to some cognition and view of redlining. When author understands what is the redlining and then knows that loan organizations are how to put redlining system into practice. The author thinks that when loan organizations meet protesting with in a few open beheviours and begin to adopt the more secret method for lightening pressure. For instance, from their view about appliers of inconformity loan condition, they will adopt some method that is stained fund or harsh loan conditions to refuse their. This hidden method is one kind of redlining at heart, just not perceiving that easily.The second part analyzes the cause of redlining. Include among them: Firstly, Federal government housing loan's policy push the existence of redlining in housing market; Secondly, Racism and Isolation that exists in USA society relate to the formation and development of redlining; Thirdly, The central city instauration and white suburbanization effect the development of further redlining; Finally, for instance, Community characteristic, characteristic of the loan applier, real estate developers, Fed superintends secondary market and insurance that relate with redlining.The third part analyzes condition about community reinvestment motions carried out. Firstly, be to mention from the Fed's community reinvestment makes a great efforts, Fed begins to carries out efforts behind having seen the redlining damage to central city community. Fed's effort embodies in a few laws issued mainly; it successively has promulgated fair housing act, equal credit opportunity act, home mortgage disclosure act and community reinvestment act etc. These acts have provided the law guarantee for the community reinvestment moves. Secondly, that prefecture government and local government also keep in step with Fed , have promulgated some local characteristic's regulation, and have convened a few hearing meetings ,to make the redlining suffers and banks have massed together, from the redlining suffers'statement that requesting bank adopts a few methods on this behavior. Thirdly, Community organizations play an important role in community reinvestment. They broadly build organization alliance, studied the data that home mortgage disclosure act provided and developed of the community carrying out active negotiation etc methods to strive for a central city's development. The cities'and the states'community reinvestment motions extend the vivid tableau for us, this paper mainly quotes Boston's, Milwaukee's and the California's reinvestment motions to concretely explain development condition of community reinvestment. Hoping to peep at one leopard but know an overall situation. After narrated the community reinvestment motion of each city and state, on the basis, the author has reached a few superficial cognition about community reinvestment; hoping can have a few benefits.