Any disparities in any data will have nothing to do with race. It will come down to what everything in life comes down to: “If I loan you this money, will you pay me back?”
That’s how it works. No one will loan money to people who can’t pay it back. Furthermore, people will loan you millions if you can pay it back. No one gives a crap about your color. No one!! Hello!!!
And, if you do loan money to people who can’t pay it back, you get stuff like the housing collapse of 2008. Geeze, how many more months of this ass in the white house do we have to endure?
Indeed, it is socialistic re-distribution marxist schemes like this one...that GOT us to where we are.
The answer from this same liberal data-base Statist and all of the other three letter agencies etc? TARP and HARP and a myriad of other utter giveaways to the already established undeserving non-working shirkers who have gamed the system to give them what they have never earned.
TARP as in “throw a tarp over it and make american taxpayers make up the intentional losses the banks incurred through their algorithm for selling worthless derivatives”.
The result of TARP? the creation or HARP- Home Affordable Refinance Program (with.. often NO appraisal required LOL).To perpetuate the previously non-qualified borrower who was put there by a bank being overseen for “proper balance of diversity”.
The end result of TARP and HARP.... the virtual monopoly of Fannie and Freddie.... no private mortgages possible to the vast majority of “normal” borrowers. All of it tied to some check-off system of requireds, to lend.. including, with this idiocy— diversity of outcome forced on sellers and real estate people. Whether provable or not— the “numbers won’t lie” because they control the database. This is Orwellian. Like the unemployed statistics— they write them up as they want them to read.
Layer upon layer upon layer of “get-outs” for the rip-off artists and their willing churners in the business world who could not make a living in any other real world economy.