Supposedly banks that rejected a higher percentage of subprime loan applicants were subjected to penalties.
They might have been sued also. The other day here on FR there was a story about some Chicago minorities who sued Citibank over mortgage issues. Obama was their lawyer.
This article describes it better than any I have seen
Has Al Sharpton of old’ Jesse boy weighed in on all of this mess? Wonder Why, after all they are the master’s of extortion.