Question: A 2000 United States Department of the Treasury study of lending trends for 305 cities from 1993 to 1998 showed that $467 billion of mortgage lending was made by Community Reinvestment Act (CRA)-covered lenders into low and mid level income (LMI) borrowers and neighborhoods, representing 10% of all U.S. mortgage lending during the period. The majority of these were prime loans. Sub-prime loans made by CRA-covered institutions constituted a 3% market share of LMI loans in 1998, but in the run-up to the crisis, fully 25% of all sub-prime lending occurred at CRA-covered institutions and another 25% of sub-prime loans had some connection with CRA. In addition, an analysis by the Federal Reserve Bank of Dallas in 2009, however, concluded that the CRA was not responsible for the mortgage loan crisis, pointing out that CRA rules have been in place since 1995 whereas the poor lending emerged only a decade later. Furthermore, most sub-prime loans were not made to the LMI borrowers targeted by the CRA, especially in the years 20052006 leading up to the crisis. Nor did it find any evidence that lending under the CRA rules increased delinquency rates or that the CRA indirectly influenced independent mortgage lenders to ramp up sub-prime lending.
Try to answer this question if possible: What does CRA stand for?
Answer: Community Reinvestment Act
Question: According to Pew Research, 7% of the population identifies as Christian; 4% as Muslim; 1% follows traditional animistic beliefs; and 2% follow other religions, including Mahayana Buddhism, Hinduism, and East Asian religions. However, according to a US State Department's 2010 international religious freedom report, official statistics are alleged to underestimate the non-Buddhist population. Independent researchers put the Muslim population at 6 to 10% of the population[citation needed]. Jehovah's Witnesses have been present since 1914 and have about 80 congregations around the country and a branch office in Yangon publishing in 16 languages. A tiny Jewish community in Rangoon had a synagogue but no resident rabbi to conduct services.
Try to answer this question if possible: What problem presented itself to the Jewish locale in Rangoon ?
Answer: a synagogue but no resident rabbi to conduct services
Question: In 1901, 10-inch disc records were introduced, followed in 1903 by 12-inch records. These could play for more than three and four minutes respectively, while contemporary cylinders could only play for about two minutes. In an attempt to head off the disc advantage, Edison introduced the Amberol cylinder in 1909, with a maximum playing time of 4 minutes (at 160 rpm), which in turn were superseded by Blue Amberol Records, which had a playing surface made of celluloid, a plastic, which was far less fragile. Despite these improvements, during the 1910s discs decisively won this early format war, although Edison continued to produce new Blue Amberol cylinders for an ever-dwindling customer base until late in 1929. By 1919 the basic patents for the manufacture of lateral-cut disc records had expired, opening the field for countless companies to produce them. Analog disc records would dominate the home entertainment market until they were outsold by the digital compact disc in the late 1980s (which was in turn supplanted by digital audio recordings distributed via online music stores and Internet file sharing).
Try to answer this question if possible: What format dominated the market in the late 1980s?
Answer: digital compact disc
Question: Experts point out that the earthquake hit an area that has been largely neglected and untouched by China's economic rise. Health care is poor in inland areas such as Sichuan, highlighting the widening gap between prosperous urban dwellers and struggling rural people. Vice Minister of Health Gao Qiang told reporters in Beijing that the "public health care system in China is insufficient." The Vice Minister of Health also suggested that the government would pick up the costs of care to earthquake victims, many of whom have little or no insurance: "The government should be responsible for providing medical treatment to them," he said.
Try to answer this question if possible: What did the Vice Minster of Health call the public health system in China?
Answer:
insufficient