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Re: [A-List] US economy: subprime mortgage mayhem and race



Michael Keaney wrote:
Home loans are more expensive for minorities
By Rebecca Knight in Boston
Financial Times: March 16 2007

"The banks that responded to requests for comment dismissed the study's findings. Each
said it used automated tools to evaluate whether loans met investor guidelines."


Comment: Not that anything might be wrong with their 'automated tools' programming, the math behind the programming, or the ethical programming of the people purchasing the tools to sell more of what one can never truly 'own', the Earth.

Leigh




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