Wells Fargo to White America: no mortgages for you!
Wells Fargo to Non-White America: mortgages for you!
Wells Fargo prioritizes lending to minorities, cuts back on mortgages: “We will continue to exp...
Earlier(2009): The Minority Mortgage Meltdown (contd.): How The Community Reinvestment Act Fits In
From NBC News:
Bank of America announces zero down payment, zero closing cost mortgages for Black and...
Earlier: Sailer In TakiMag: Who Is More Into Conspiracy Theories: The Right Or The Left?
On his Substack, Noah Carl asks “Is ‘systemic police racism‘ a conspiracy theory?“
As Heather MacDonald notes, ...
Earlier: Biden's FHA Now Guaranteeing Mortgages For Illegals With DACA Status
From Politico:
Biden’s new dilemma: How to slash housing costs for low-income borrowers
A long-awaited Supreme Court deci...
Back even before the Minority Mortgage Meltown of 2007–2010, it seemed crazy to me (I wrote about it as early as 2002) for banks to be lending their money to home buyers who were deportable illegal ali...
Good slurs never die.
Here’s MarketWatch’s Jacob Passy recycling the claim that Black Americans are rejected for mortgages at more than twice the rate of white applicants, February 18, 2021. This can...
Earlier by Steve Sailer: Financial Racism: A Concept Promoted By People Who Want To Make Money Off Lending To Blacks
From the Associated Press:
JPMorgan puts $30B toward fixing banking’s ‘systemic rac...
Originally published on this day in 2013.
This is the cover of Bloomberg BusinessWeek, with a story on relaxed mortgage standards, which could lead to another Minority Mortgage Meltdown:
And here are ...
Earlier: Karl Rove—Architect Of The Minority Mortgage Meltdown
For the last decade I’ve largely been alone in pointing out that the Housing Bubble/Crash of the previous decade had quite a bit to do wit...
Earlier: Based Bloomberg in 2008 on the Minority Mortgage Meltdown
From the New York Times Opinion page:
Bloomberg Is Right About the 2008 Financial CrashIt was brought about by a flawed attempt to u...
