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To: Lorianne
A disproportionate number of minorities succumbed to subprime mortgages and foreclosures and lost their homes

The Clinton admin set out to help more minorities get houses, and this was the result.

9 posted on 06/22/2016 8:46:04 PM PDT by Cementjungle
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To: Cementjungle

The Clinton administration literally forced banks to make loans to risky minority buyers. It was a lot more than just *help*.

More along the lines of extortion.


15 posted on 06/22/2016 10:53:44 PM PDT by jazminerose (oective)
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To: Cementjungle

The Clinton admin set out to help more minorities get houses, and this was the result.”

Yeah, the banks were required to make 20 percent of their loans to people who could count as their income their welfare checks.

The congressional black caucus ordained that so shall it be.

Unfortunately, not everyone should own a home and many would do better without owning.


17 posted on 06/23/2016 12:18:12 AM PDT by angry elephant (Endangered species in Seattle)
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