By: Francesca Jaubert In 2010, Congress passed the Dodd-Frank Wall Street Reform and Consumer Protection Act (“Dodd-Frank Act”) in response to the overly optimistic credit ratings that created the housing market bubble collapse.[1] Before the 2008 financial crisis, Credit Rating Agencies assigned AAA ratings to many unworthy securities, only to downgrade them later.[2] Why? Experts…

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by Guest Author As mission-driven lenders, Community Development Financial Institutions (CDFIs) increase access to capital in low-income communities through grants, loans, and even technical assistance to small business owners.[1]  In support of this mission, CDFI grant programs commonly target minority and women-owned small businesses to support historically underserved communities.[2]  However, the Supreme Court’s holdings overturning…

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