To: Fido969
If the bank have control over their own risk, why the laws against red-lining? Because red-lining does not allow for analysis of a household's ability to pay a loan; it makes assumptions about everybody on the other side of a line.
61 posted on
10/13/2022 9:57:35 AM PDT by
Captain Walker
("Evil people always support each other; that is their chief strength." - Aleksandr Solzhenitsyn)
To: Captain Walker
Because red-lining does not allow for analysis of a household's ability to pay a loan; it makes assumptions about everybody on the other side of a line. All credit testing makes assumptions about the ability to pay a loan.
62 posted on
10/13/2022 1:13:18 PM PDT by
Fido969
(45 is Superman! )
To: Captain Walker
Wawa just “red lined” Philadelphia. Are they making unconstitutional assumptions?
63 posted on
10/13/2022 1:14:49 PM PDT by
Fido969
(45 is Superman! )
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