This is precisely backwards. Anti-racism led to the mortgage crisis. In order to increase the minority rate of home ownership, standards were lowered, downpayments became a thing of the past with even 120% loans available and documentation requirements were dropped almost altogether for a number of years.
Might this have caused problems? Nah, of course not, it’s because we’re racist, according to the loons.
Unless they are afraid of being called racist......break out the numbers of forclosures according to race. If you can’t start there, you will never get to the problem. What you do with the information is another story. It all boils down to the dollar sign. Either you have the money to buy or you don’t. Ignore this and you will fail.
Risky and aggressive "flipping" also led to many foreclosures, including a couple in my own suburban neighborhood. Many people were banking on housing prices rising forever, which any rational person knew could not happen. In fact, the imminent burst of the "housing bubble" was openly discussed for years before it finally did burst.
It was precisely racism. Requiring the banks to make loans to racial quotas is Racism.