[Mr. K]

Yes, I am sure there was more too it than I could say in one sentence. It does not change the thrust of my post

[Myrddin]

Redlining is prudent risk management. To discard the prudent practice with an accusation of racism is BS. It is the building block of the financial meltdown.

For an entertaining look at the problem from the finance side, see "The Big Short". It's a work of fiction based on real events and nicely explains what happened in 2007/2008.