What communities? Are cities now segregated by race/language? It is illegal, wrong and unconstitutional to treat people differently based on the country that their parents, grand parents, great-grandparents or great-great-grandparents came from.
Screw BofA, dropped them years ago
It requires no mortgage insurance...
—
meaning the borrower is not picking up the tab for insurance to protect the lender, which means the lender will turn to the Federal Government which will milk the taxpayers for the next housing bailout.
My biggest mistake was not checking the “White/Hispanic” or “Native American” box for my kids when I first enrolled them in to school, ensuring they’d be the beneficiaries for racial preferences for the rest of their lives.
Once again making “special” arrangements for those who don’t have to do what the rest of us have to for home ownership. ...and that’s discrimination!
Almost every lender has a grant for black homebuyers.
It came from Biden Covid money.
Yes it’s true, I’m seeing it first hand.
No mention of interest rate? The people who complain about being trapped in debt are going to grab this up without thinking things through.
Yep, here we go again.
Curious to know why.
I’ve seen two, fairly decent size townhouse projects go up in the Atlanta metro area recently. In Grayson and Covington. All rentals.
You will own nothing and like it.
based on factors such as timely rent, utility bill, phone and auto insurance payments.
Brought to you by the same financial institution which gifted our middle-class Tampa FL community with its very first Section 8 1600-unit apartment rental development right across the street. That was twenty or so odd years ago. Now they are going to put them in the single family homes as well. In what other country on earth can an illegal alien border-jumper own a home, a car, a cell phone, gold jewelry, and vote in elections?
“This worked great in 2008. Let lenders that are not funded by federally insured deposits experiment with no-downpayment, no-credit-score mortgages.”
Well, that’s it then. Great Recession II ahead.
LOL, they’re not only selling them a mortgage loan, but also a down payment loan on top of the mortgage loan.
That’ll work out well.
https://www.fdic.gov/news/financial-institution-letters/2022/fil22008.html
In the early years of America, anyone and everyone who came to these shores is recorded.
The ship they came on..who they were, where they originated, their profession, age, why and who coming to, ...
As the east coast moved west, land was offered to those who would inhabit Ohio, Indiana... clear the land and deal with Indians. From there. Same to encourage more western .. building the railroad.. clearing land... living among the Indians.
Today there are families who started with that land and still own it..
In all that.. hard work was expected.. they were building a nation.. there were deaths on those ships... sickness... they kept coming to America...
Today is a far cry from then.. its a far cry from my own earlier years.
I see missing.. respect, taking responsibility, law and order.. a government we could even halfway trust
Denying a loan to an unqualified POC is “racial profiling.”
Approving a loan to an unqualified POC is “predatory lending.”
See how that works?
...which is just another way of saying they need to steal more from white and asian people.
They are building apartments in the town where I work.
The apartments are all alike but the rent requirement is different based
on the earnings of the renters.
This can’t end well.
Did you notice that NONE of the misconduct and fraud by the bank officials and lenders led to any fines or jail time?? So what should we expect? Exactly, the sos.
Yeah, I’ve heard this tune before. It’s an awful tune and should never be played again!