A Trillion Dollars Here, A Trillion Dollars There, Pretty Soon You're Talking About Down The Memory Hole
10/25/2012
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Today's announcement of the government suing Bank of America for a billion dollars over mortgage frauds committed by Countrywide Financial reminds me of how much one of the key events of the Housing Bubble/Bust remains ignored: namely, Countrywide's January 2005 press release boasting of its We House America initiative to lend One ... Trillion ... Dollars to minorities and lower-income borrowers. (This followed 23 months after Angelo Mozilo's Harvard speech in which he pledged Countrywide to lend $600 billion to minorities and lower-income borrowers.) 

I just did a Google search on 

 

Countrywide trillion minorities


and got a grand total of about 18 results back from Google. Here they all are. I realize these dozen and a half pages will be boring — just PR releases, me, and a few random folks — but that's the point.



About 18 results (0.30 seconds) 

Countrywide sets $1 trillion goal for real estate loan program | Inman ...
www.inman.com/.../countrywide-sets-1-trillion-goal-real-estate...
Jan 14, 2005 – Countrywide Home Loans today announced an expansion of its We House America initiative to fund $1 trillion in home loans to minorities and ...

Countrywide Expands Commitment to $1 Trillion in ... - PR Newswire
www.prnewswire.com/.../countrywide-expands-commitment-t...
Countrywide Expands Commitment to $1 Trillion in Home Loans to Minority and Lower-Income Borrowers. - We House America Challenge Leads the Industry in ...

Countrywide Bank Announces $770,000 in Financial Support to ...
www.prnewswire.com/.../countrywide-bank-announces-77000...
Among them is Countrywide's $1 Trillion We House America(R) Challenge, an aggressive goal to fund $1 trillion in home loans to minorities and lower-income ...

Countrywide Ups Minority Lending Goal to $1 Trillion
www.realtor.org/.../7a760e487a50da4886256fb30055957d?...
Countrywide Home Loans Inc. has extended its minority and low-income lending goal by $400 billion to $1 trillion over the next five years.

Steve Sailer: iSteve
isteve.blogspot.com/
5 minutes ago – Countrywide Home Loans today announced an expansion of its We House America initiative to fund $1 trillion in home loans to minorities and ...
You shared this

I am shocked, SHOCKED to learn that Countrywide ... - Steve Sailer
isteve.blogspot.com/.../i-am-shocked-shocked-to-learn-that.ht...
1 hour ago – Countrywide Home Loans today announced an expansion of its We House America initiative to fund $1 trillion in home loans to minorities and ...
You shared this

Steve Sailer: iSteve: Obama's Popguns of Singapore
isteve.blogspot.com/2011/.../obamas-popguns-of-singapore.ht...
Dec 21, 2011 – Countrywide also steered more than 10,000 minority borrowers into costly subprime ..... The dollar sum of student loans is ~1 trillion dollars.
You shared this

Countrywide Expands Commitment to $1 Trillion ... - The Free Library
www.thefreelibrary.com › ... › PR Newswire › January 14, 2005
Jan 14, 2005 – Free Online Library: Countrywide Expands Commitment to $1 Trillionin Home Loans to Minority and Lower-Income Borrowers; - We House ...

Michael Detwiler's Blog: Totally ridiculous!!
michaeldetwiler.blogspot.com/2012/01/totally-ridiculous.html
Jan 5, 2012 – Countrywide's Other Bill. When BofA bought Countrywide in 2008, it committed a record $1.5 trillion to minority lending and urban reinvestment.

BofA Must Pay Excess Settlement Funds To Acorn Clones ...
www.freerepublic.com/focus/f-news/2829495/posts
Jan 4, 2012 – When BofA bought Countrywide in 2008, it committed a record $1.5trillion to minority lending and urban reinvestment. The 10-year accord ...

Your Lying Eyes: December 2011
lyingeyes.blogspot.com/2011_12_01_archive.html
Dec 21, 2011 – Given Countrywide's "$Trillion Pledge," some serious recruitment ofminority candidates was needed. To really ramp up minority lending, you ...

Countrywide sets $1 trillion target for home loans to poor, minorities ...
www.highbeam.com/doc/1G1-127172336.html
Jan 17, 2005 – Byline: Gregory J. Wilcox Jan. 17—CALABASAS, Calif. — CountrywideHome Loans Inc. on... | Article from Daily News (Los Angeles, CA) ...

Top Spot - Tags: COUNTRYWIDE Home Loans Inc. MINORITIES ...
connection.ebscohost.com/c/abstracts/14738782/top-spot
ABSTRACT. Reports the favorite mortgage provider of minority groups is Countrywide.... Countrywide's Mozilo Expects to See a Trillion Dollar Servicer by 2005.

DEPARTMENT OF JUSTICE - Punta Gorda Tea Party
pgteaparty.org/22.html
When BOA bought Countrywide in 2008, it committed a record $1.5 trillion to minoritylending and urban reinvestment. The 10-year accord replaced the bank's ...

Countrywide's Angelo Mozilo: He Warned Us—But Washington Didn ...
www.vdare.com/.../countrywides-angelo-mozilo-he-warned-us...
Jun 22, 2009 – “Anti-Model Minority” Leftists Inventing An Anti-White Pan-Asian Identity.... The roots of Countrywide's catastrophic trillion dollar pledge go back ...

Discuss the ethical issues that caused the downfall of Countrywide
www.solutioninn.com › ... › Business EthicsShare
May 4, 2012 – In 1993, loan transactions reached the $1 trillion mark. Additionally, it was the number-one provider of home loans to minorities in the United ...

BofA Must Fund Acorn 'Clones' - Investors.com
news.investors.com/010412-596657-bofa-must-fund-acorn-cl...
Jan 4, 2012 – Countrywide's Other Bill. When BofA bought Countrywide in 2008, it committed a record $1.5 trillion to minority lending and urban reinvestment.

Battered Bank Syndrome - Investors.com
news.investors.com/.../010612-596992-bank-of-america-victi...
Jan 6, 2012 – Neither did the record $1.5 trillion minority lending and urban ... pledge it made to such groups in 2008, when it took over Countrywide.

Results for similar searches
$335 Million Settlement on Countrywide Lending Bias - NYTimes.com
www.nytimes.com/.../us-settlement-reported-on-coun...
More results for countrywide trillion minorities

Please note that the New York Times result at the bottom is for "More results for countrywide trillion minorities." (In other words, the NYT has never mentioned the word trillion in an article with Countrywide and minorities.)

If you do the search for 

 

Countrywide trillion minority

you get 23 results instead of 18.



I dunno. I must be nuts. I personally think that a trillion dollars is a big deal, but what do I know? The implications of Countrywide's trillion dollar pledge don't favor one party over the other, they don't favor one ideology over another, and they don't favor the sacred fetish of Diversity, so who wants to know about it?

Nobody.

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