Dr. Courchane provided expert testimony in a lawsuit brought by Plaintiffs against a major lender, alleging lending discrimination which led to increased foreclosures in minority neighborhoods. Plaintiffs had alleged credit was provided on predatory terms and by curtailing the issuance of mortgage credit to minorities. The case in Los Angeles was won on summary judgment.
New study from CRA finds no material impact of stablecoins’ adoption on community bank deposits
A new empirical study by CRA addresses this pressing question—and finds no evidence of a material funding risk to community banks from current and near-future...