14 December 2007

“Predatory Lending” Vs “Redlining”

[James Fulford] @ 5:04 pm [Email author] [Email this article]  [Print this article] [Print this article]

Jim Lindgren at the Volokh Conspiracy just noticed something that Steve Sailer noticed a while back :

The Volokh Conspiracy - Congress Is Making It Harder to Obtain or Refinance a Mortgage.–
[Jim Lindgren, December 12, 2007 at 8:45pm] Trackbacks
For years, Congress had been pushing lenders to lend vigorously in poor neighborhoods and to avoid redlining. This effort worked–only too well.

Now Congress has discovered “predatory lending.”

If you’re a lender, you get blamed for racism either way.