Please unleash what happened here to the word "minority". The institutions were pressured/forced to lower underwriting standards to allow more borrowers to qualify.
You'll have much more success in daily discussions with co-workers on this topic and do it without offending minorities or even "friends of minorities". The truth is, people were given loans who had not the means of repaying the loans. Their ethnicity, race, gender, religion or even sexual orientation has little to do with their ability to repay the loan. Let's keep the conversation at that level please :-)
Uhh... The original intent of the CRA was to increase minority access to mortgages which is what I said. I did not comment on the percentage of Black/Inuit/Jewish , one legged, lesbian dwarfs who are now in foreclosure.