Part of the "Too big to fail agreement"?

(01-12-2023 01:07 PM)CrimsonPhantom Wrote:  

Pretty sure its not legal. Its blatant discrimination based on race. Thats a direct violation of the the Fair Housing Act (the language of the act hasnt changed). Its always amazing to me that people who are in powerful positions and should know better---none the less dont know better. The below is literally right off the HUD website.

What Is Prohibited?

The Fair Housing Act makes it illegal to discriminate against someone because of race, color, religion, sex (including gender, gender identity, sexual orientation, and sexual harassment), familial status, national origin or disability at any stage of the mortgage process, including:

Approvals and denials
Terms, e.g. interest rates, points, fees and other costs
Advertising
Mortgage broker services
Property appraisals
Servicing
Home loan modification assistance
Homeowners insurance
The Fair Housing Act prohibits discrimination in loans that are secured by residential real estate or that are for the purchasing, constructing, improving, repairing or maintaining a dwelling. This includes mortgages, refinancing, home equity loans and home improvement loans.

https://www.hud.gov/program_offices/fair...ir_lending

What if someone "identifies" as a minority?

Sounds like an ECOA violation.

lack of/manipulating risk management is why '08...

hmmmmmmmmmmmmmmmmmmmmmmmm.....

@HolaBlackrock

lemme tell ya something, mothertruckers ... my nephew had to sweat getting into med school b/c he's a white male and those that now run the system just stated FU to white males...

every f'kn one of yaz can lick muh g'dammed shlong...

it's unconstitutional in every fk'n sense of today's version...

"We're your new mommies!"

f*ck off