Quote:
Originally Posted by kg_veteran
Link please?
|
ugh, I'll have to go read all those malkin columns....
Quote:
Then you're not willing to acknowledge reality.
There is a big difference between doing something solely because you think it will be a money-making venture and doing something because you want to avoid a costly legal fight. I know you can see the difference, so I don't know why you insist on pretending that lenders weren't extorted into acting.
|
it comes back to the question: are you asserting that making loans to lower income and minority borrowers equals lowered credit standards.
it appears that you are.
acorn's goal was to increase the availability of loans to these borrowers, not the loosening of standards by the lenders.