Category Archives: Mortgages

Team Obama is setting us up for another housing-market collapse

Posted on April 10, 2016 by Luke Ford

New York Post: The Obama administration is doing its best to give the nation another mortgage meltdown. As Paul Sperry recently noted in The Post, Team Obama has pushed mortgage lenders to offer home loans to folks with shaky credit, … Continue reading →

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Should We Lower Lending Standards For Blacks, Hispanics?

Posted on February 19, 2016 by Luke Ford

Comments to Steve Sailer: * I feel bad for that 24 year old Hispanic. I remember graduating from high school and getting from the principal that deed for my first home along with my high school diploma… what a happy … Continue reading →

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The Big Short

Posted on December 16, 2015 by Luke Ford

Steve Sailer writes: Thus, the best interludes are when the smart guys take two road trips to the Sand States to meet us dumb Americans. In one, several stars go to a convention in Las Vegas to learn if the … Continue reading →

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NYT: “Study Strongly Links Baltimore Mortgage Denials to Race”

Posted on November 17, 2015 by Luke Ford

Steve Sailer writes: “Baltimore blacks were long dogged by malicious stereotypes spread by The Wire, but their behavior in 2015 — first rioting, then murdering each other in large numbers — has demonstrated their financial trustworthiness. How delusionally racist are … Continue reading →

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Should Banks Be Forced To Lend More To Risky Minorities?

Posted on October 31, 2015 by Luke Ford

Comments to Steve Sailer: * I was in the risk management department of a large bank in the late 2000s. I remember that even in 2009, when we were still barely over the worst of the financial crisis, the feds … Continue reading →

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NYT: ‘Redlining’ Home Loan Discrimination Re-emerges as a Concern for Regulators

Posted on October 30, 2015 by Luke Ford

Comments at NYTimes.com: * The Democrats’ obsession with continuing to capture black votes led directly to the “sub-prime mortgage” meltdown. Give loans for those who cannot afford to repay them (ditto with Obama’s takeover of student loans, now over $1,200,000,000,000 … Continue reading →

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That Mortgage Meltdown in Prince George’s County Among African Immigrants

Posted on January 28, 2015 by Luke Ford

Steve Sailer: From the Washington Post, a story of an African immigrant family who have racked up $1.3 million in debt, even while not paying their mortgage for over six years. Is plight exactly the right word to describe somebody … Continue reading →

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Mortgage Crisis Means No Tighter Regulation Of “government sponsored enterprises” (GSEs)

Posted on April 2, 2008 by Luke Ford

I cover the refinance industry here. David Smith writes: Roughly ten days ago, the Administration officially flew the white flag in attempting any further regulation of the GSEs. Legislation not pending?   As reported by The Wall Street Journal, with … Continue reading →

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