I'm just going to quietly point out that North Dakota is 93% white and 6% American Indian. Mortgage loans seem to be given out to people who repay them in proper fashion. This helps keep the bank solvent.
Just sayin'
2 posted on 03/31/2009 10:33:31 AM PDT by ClearCase_guy
(American Revolution II -- overdue)
“We’re a fairly conservative lot up here in the upper Midwest and we didn’t do any subprime lending,” Eric Hardmeyer, president of the Bank of North Dakota, told Mother Jones magazine. “…If we don’t understand it, we’re not going to jump into it.”
Words to live by.
7 posted on 03/31/2009 11:16:14 AM PDT by Slings and Arrows
(Can't get enough of my snarking? http://twitter.com/slingsandarrows)