Myth-building on housing crisis

The Republicans are well on the way to a rewrite of history on what caused the housing crisis.

Case in point: Housing Goals We Can’t Afford by HOWARD HUSOCK
He writes: "The Community Reinvestment Act was passed in 1977 when bank competition was sharply limited by law and lenders had little incentive to seek out business in lower-income neighborhoods. But in 1995 the Clinton administration added tough new regulations. The federal government required banks that wanted “outstanding” ratings under the act to demonstrate, numerically, that they were lending both in poor neighborhoods and to lower-income households."

Hmm. The way I understood it was that the CRA forced banks to stop discriminating and redlining.