Is it true that mortgage lenders specifically targeted black families in order to make a quick buck?
April 27th, 2009
rustywillow asked:
A recent report indicated that black families who bought homes within the last 3-4 years were hit the hardest by this mortgage cash due to predactory lenders.
A recent report indicated that black families who bought homes within the last 3-4 years were hit the hardest by this mortgage cash due to predactory lenders.
How do people live with themselves knowing they played an active role in mortgage crisis by putting raw meat in front of a hungry lion? These lender know that 95% the people being approved for loans wouldn’t be able stay in those and homes after a short-time, and yet they still pushed forward.
Shame on these corporation and those Fat Cat’s.
Cosmetics and Skin Care
Adam L
April 29, 2009
The old buyer beware slogan they should have made an informed decision.
Real Estate Guy
May 1, 2009
The black caucus of congress that actually push freddie and fannie into loosing credit requirements.
For fight lenders did not do this in fact it was the black caucus of congress that actually push freddie and fannie into loosing credit requirements to increase home ownership for fight lenders did not do this in.