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