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Here's How The Community Reinvestment Act Led To The Housing Bubble's Lax Lending
...What about "No Money Down" Mortgages? Were they required by the CRA?

Actually, yes they were. The regulators charged with enforcing the CRA praised the lowering of down payments and even their elimination. They told banks that lending standards that exceeded that of regulators would be considered evidence of unfair lending. This effectively meant that no money down mortgages were required. A Treasury Department study published in 2000 found that the CRA had successfully lowered down payments not just for CRA loans, but for all mortgages....