New study confirms economy was destroyed by Democrat policies

There wouldn't have been any point to the CRA if that was the case. Banks already made all the loans they could following sound banking practices.

Does the practice of redlining mean anything to you?

Yes, it's Marxist propaganda conceived for the purpose of compelling banks to grant mortgages to people who can't pay them.

Back on 2007 a couple bought a home in our subdivision, it was a $325,000 home and if they made 60K a year between the two I would be shocked, in 2009 that home was taken back by the lender. The bank knew, they knew and everyone else knew they could never meet those payments, so why did it happen?
Compound interest and resale of non-collectible debt for profit....
 
Of course, it never happened. Credit is granted based on a person's credit worthiness.

The practice was documented and like Jim Crow laws it was institutional.

1934 1968 FHA Mortgage Insurance Requirements Utilize Redlining

No, it wasn't "documented." They did some studies that showed people in certain neighborhoods weren't granted mortgages at the same rate as the national average. Of course, that's to be expected because people living in the ghetto tend to have bad credit.
 
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Of course, it never happened. Credit is granted based on a person's credit worthiness.

The practice was documented and like Jim Crow laws it was institutional.

1934 1968 FHA Mortgage Insurance Requirements Utilize Redlining

No, it wasn't "documented." they did some studies that show people in certain neighborhoods weren't granted mortgages at the same rate as the national average. Of course, that's to be expected because people living in the ghetto tend to have bad credit.

Isnt explaining racism fun?
 
Of course, it never happened. Credit is granted based on a person's credit worthiness.

The practice was documented and like Jim Crow laws it was institutional.

1934 1968 FHA Mortgage Insurance Requirements Utilize Redlining

No, it wasn't "documented." they did some studies that show people in certain neighborhoods weren't granted mortgages at the same rate as the national average. Of course, that's to be expected because people living in the ghetto tend to have bad credit.

"Through an overt practice of denying mortgages based upon race and ethnicity, the FHA played a significant role in the legalization and institutionalization of racism and segregation. The Underwriting Manual established the FHA’s mortgage lending requirements, ultimately institutionalizing racism and segregation within the housing industry. The following presents information about the national context of redlining......"
 
Anyone who attempts to blame one party for the crash automatically identifies themselves as a clueless partisan hack.
 
Hey they were just burning a cross....Is fire racist? Did Jesus not lay on the cross? How could that be racist derp.

Sure loans were given a higher rates to blacks only but that doesnt mean they discrimated based on race derp, they're black and they all have the same credit scores DEERRRRRP
 
Of course, it never happened. Credit is granted based on a person's credit worthiness.

The practice was documented and like Jim Crow laws it was institutional.

1934 1968 FHA Mortgage Insurance Requirements Utilize Redlining

No, it wasn't "documented." they did some studies that show people in certain neighborhoods weren't granted mortgages at the same rate as the national average. Of course, that's to be expected because people living in the ghetto tend to have bad credit.

Isnt explaining racism fun?

You mean isn't explaining Marxist attempts to enslave us all fun. Accusing their critics of being racists is their favorite tactic.
 
Of course, it never happened. Credit is granted based on a person's credit worthiness.

The practice was documented and like Jim Crow laws it was institutional.

1934 1968 FHA Mortgage Insurance Requirements Utilize Redlining

No, it wasn't "documented." they did some studies that show people in certain neighborhoods weren't granted mortgages at the same rate as the national average. Of course, that's to be expected because people living in the ghetto tend to have bad credit.

Isnt explaining racism fun?

You mean isn't explaining Marxist attempts to enslave us all fun. Accusing their critics of being racists is their favorite tactic.

Your mascara is running lol
 
Anyone who attempts to blame one party for the crash automatically identifies themselves as a clueless partisan hack.

Wrong, as always. The idea that both parties are always responsible is obvious hooey.
 
Of course, it never happened. Credit is granted based on a person's credit worthiness.

The practice was documented and like Jim Crow laws it was institutional.

1934 1968 FHA Mortgage Insurance Requirements Utilize Redlining

No, it wasn't "documented." they did some studies that show people in certain neighborhoods weren't granted mortgages at the same rate as the national average. Of course, that's to be expected because people living in the ghetto tend to have bad credit.

Isnt explaining racism fun?

You mean isn't explaining Marxist attempts to enslave us all fun. Accusing their critics of being racists is their favorite tactic.

Your mascara is running lol

What is that supposed to mean?
 
Of course, it never happened. Credit is granted based on a person's credit worthiness.

The practice was documented and like Jim Crow laws it was institutional.

1934 1968 FHA Mortgage Insurance Requirements Utilize Redlining

No, it wasn't "documented." they did some studies that show people in certain neighborhoods weren't granted mortgages at the same rate as the national average. Of course, that's to be expected because people living in the ghetto tend to have bad credit.

"Through an overt practice of denying mortgages based upon race and ethnicity, the FHA played a significant role in the legalization and institutionalization of racism and segregation. The Underwriting Manual established the FHA’s mortgage lending requirements, ultimately institutionalizing racism and segregation within the housing industry. The following presents information about the national context of redlining......"

There was no overt practice of denying mortgages based on race and enthnicity. No evidence for such was ever produced.
 
The practice was documented and like Jim Crow laws it was institutional.

1934 1968 FHA Mortgage Insurance Requirements Utilize Redlining

No, it wasn't "documented." they did some studies that show people in certain neighborhoods weren't granted mortgages at the same rate as the national average. Of course, that's to be expected because people living in the ghetto tend to have bad credit.

Isnt explaining racism fun?

You mean isn't explaining Marxist attempts to enslave us all fun. Accusing their critics of being racists is their favorite tactic.

Your mascara is running lol

What is that supposed to mean?

That means when you claim that someone recognizing racism is an attempt to enslave anyone you might be a drama queen
 
Of course, it never happened. Credit is granted based on a person's credit worthiness.

The practice was documented and like Jim Crow laws it was institutional.

1934 1968 FHA Mortgage Insurance Requirements Utilize Redlining

No, it wasn't "documented." they did some studies that show people in certain neighborhoods weren't granted mortgages at the same rate as the national average. Of course, that's to be expected because people living in the ghetto tend to have bad credit.

"Through an overt practice of denying mortgages based upon race and ethnicity, the FHA played a significant role in the legalization and institutionalization of racism and segregation. The Underwriting Manual established the FHA’s mortgage lending requirements, ultimately institutionalizing racism and segregation within the housing industry. The following presents information about the national context of redlining......"

There was no overt practice of denying mortgages based on race and enthnicity. No evidence for such was ever produced.
But they would deny poor credit...
 
The practice was documented and like Jim Crow laws it was institutional.

1934 1968 FHA Mortgage Insurance Requirements Utilize Redlining

No, it wasn't "documented." they did some studies that show people in certain neighborhoods weren't granted mortgages at the same rate as the national average. Of course, that's to be expected because people living in the ghetto tend to have bad credit.

Isnt explaining racism fun?

You mean isn't explaining Marxist attempts to enslave us all fun. Accusing their critics of being racists is their favorite tactic.

Your mascara is running lol

What is that supposed to mean?
you wear makeup and cry a lot.
 
No, it wasn't "documented." they did some studies that show people in certain neighborhoods weren't granted mortgages at the same rate as the national average. Of course, that's to be expected because people living in the ghetto tend to have bad credit.

Isnt explaining racism fun?

You mean isn't explaining Marxist attempts to enslave us all fun. Accusing their critics of being racists is their favorite tactic.

Your mascara is running lol

What is that supposed to mean?

That means when you claim that someone recognizing racism is an attempt to enslave anyone you might be a drama queen

When you use racism as an excuse to loot banks, you're a Marxist, and also more than likely a jackass.
 
Isnt explaining racism fun?

You mean isn't explaining Marxist attempts to enslave us all fun. Accusing their critics of being racists is their favorite tactic.

Your mascara is running lol

What is that supposed to mean?

That means when you claim that someone recognizing racism is an attempt to enslave anyone you might be a drama queen

When you use racism as an excuse to loot banks, you're a Marxist, and also more than likely a jackass.

Loot? Come on....Does anyone have any blush for the lady?
 

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