To: Jim Robinson
"The change in policy also comes at the same time that HUD is investigating allegations of racial discrimination in the automated underwriting systems used by Fannie Mae and Freddie Mac to determine the credit-worthiness of credit applicants." Clinton/Cuomo conspired to sue the member banks if they didn't comply, and invented "redlining" - this was the beginning.
Keep in mind, Andrew Cuomo is now New York's Attorney General...
12 posted on
09/20/2008 4:19:17 PM PDT by
xcamel
(Conservatives start smart, and get rich, liberals start rich, and get stupid.)
To: xcamel
Clinton/Cuomo conspired to sue the member banks if they didn't comply, and invented "redlining" - this was the beginning. That's not true. I recall the issue, inlcuding the term "redlining," being a front-burner political issue in the mid-80s, and I'm pretty sure it was around before that. Clinton/Cuomo may have advanced the agenda, but they certainly didn't start it.
74 posted on
09/20/2008 5:56:22 PM PDT by
r9etb
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