Center for Responsible Lending Wins MacArthur Award

The Center for Responsible Lending was one of 15 organizations on Thursday to receive a MacArthur Award for Creative and Effective Institutions.

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The $2 million award was given to the Durham, N.C.,-based non-profit for its effort to eliminate abusive financial practices including predatory lending.

Martin Eakes, who founded the Center for Responsible Lending in 2000, has received several grants from the John D. and Catherine T. MacArthur Foundation, including a $500,000 MacArthur Fellowship in 1996.

Kate Berry

Reporter

Kate Berry has covered the Consumer Financial Protection Bureau for American Banker since 2016. She joined the publication in 2006 covering mortgage... Read full bio

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