Mr.Nick
VIP Member
- May 10, 2011
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Need further remediation?
Not unexpected.
No evidence those entities were subject to the CRA or negro blackmail?
Didn't think so.
I'm still here. Waiting.
No prob.
"Congress passed the Act in 1977 to reduce discriminatory credit practices against low-income neighborhoods, a practice known as redlining.[4][5]
The Act requires the appropriate federal financial supervisory agencies to encourage regulated financial institutions to help meet the credit needs of the local communities in which they are chartered, consistent with safe and sound operation (Section 802.) To enforce the statute, federal regulatory agencies examine banking institutions for CRA compliance, and take this information into consideration when approving applications for new bank branches or for mergers or acquisitions (Section 804.)[6]"
Community Reinvestment Act - Wikipedia, the free encyclopedia
Lets not forget Al Shapton and Jesse Jackson...
Those two fucks parroted the shit since peanut boy Carter and his soup legislated the nonsense - oh and then Bill Clinton's amendments passed by a bunch of RINO's who just didn't want to be labeled "racists."