It just goes to show why the Pubs were in such a rush to put this issue behind them.
http://www.whitehouse.gov/news/releases/2002/06/20020618-1.html
“The goal is, everybody who wants to own a home has got a shot at doing so. The problem is we have what we call a homeownership gap in America. Three-quarters of Anglos own their homes, and yet less than 50 percent of African Americans and Hispanics own homes. … So I’ve set this goal for the country. We want 5.5 million more homeowners by 2010—million more minority homeowners by 2010. (Applause.) … “
http://www.whitehouse.gov/news/releases/2002/10/20021015-7.html
October 15, 2002 conference, Bush....
“Freddie Mac recently began 25 initiatives around the country to dismantle barriers and create greater opportunities for homeownership. One of the programs is designed to help deserving families who have bad credit histories to qualify for homeownership loans.”