The community reinvestment act of 1977 succeeded in reducing discrimination against banks. to improve the economy. reducing discrimination against borrowers. lowering interest rates charged by banks.

The Community Reinvestment Act (CRA) of 1977 succeeded in reducing discrimination against borrowers, by encouraging banks and thrift institutions (credit unions and mutual savings banks, among others) to serve those communities or neighborhoods whose members had moderate or low income, since, traditionally, they had not been offered lending and financial products - in other words, they had been overtly discriminated. As a result of this legislation, borrowers from those communities can benefit from a so-called CRA-based mortgage, which is more affordable.  

C. reducing discrimination against borrowers.

Explanation:

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