Off-Topic: Suppose..YOU ARE SO WRONG
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Name:   architect The author of this post is registered as a member - Email Member
Subject:   Suppose..YOU ARE SO WRONG
Date:   4/2/2009 9:52:29 PM

The Community Development Act outlaws discriminatory credit practices in certain neighborhoods (ie redlining). Before the Act banks and lenders simply refused to loan in certain "less Desirable" areas regardless of the income of the borrower or the value and condition of the property. The Act absolutely does not require loans to individuals who are not financially qualified. To be sure institutions have been fined if they continue to redline (continue to break the law). Do you condone redlining? I own an investment property in a neighborhood that was a redline neighborhood before tht Community Development Act. Once loans were available the area began to turn and now has many renovated and new homes selling for $400,000 up. Once again, I challenge you to cite a single verifiable example where a lender was forced to make a loan to a financially unqualified borrower.
Other messages in this thread:View Entire Thread
Intellectuals - architect - 4/1/2009 9:48:20 PM
     Intellectuals? - Summer Lover - 4/1/2009 10:17:05 PM
     What do you believe? - MartiniMan - 4/1/2009 10:17:21 PM
     Intellectuals - DJ - 4/1/2009 10:50:24 PM
     Intellectuals - rude evin - 4/1/2009 11:27:16 PM
     Intelligence - Talullahhound - 4/1/2009 11:30:20 PM
          Intelligence - architect - 4/2/2009 12:07:46 AM
               Follow-up - architect - 4/2/2009 12:13:34 AM
                    Suggestion - Summer Lover - 4/2/2009 2:24:12 AM
                    Architect - READ - water_watcher - 4/2/2009 6:45:05 AM
               Intelligence - MartiniMan - 4/2/2009 2:16:35 PM
     Intellectuals - JustAGuy - 4/2/2009 2:47:41 AM
          Intellectuals - architect - 4/2/2009 8:06:47 AM
     Pointless debate? - Lady - 4/2/2009 8:34:28 AM
          Pointless debate? - water_watcher - 4/2/2009 10:48:17 AM
               Please .... - water_watcher - 4/2/2009 10:49:54 AM
                    I didn't think so ... - water_watcher - 4/2/2009 2:24:01 PM
                         I didn't think so ... - architect - 4/2/2009 2:39:06 PM
                              I didn't think so ... - water_watcher - 4/2/2009 3:32:02 PM
                                   I didn't think so ... - architect - 4/2/2009 7:09:30 PM
                                        I question it.. - alahusker - 4/2/2009 7:44:17 PM
                              I didn't think so ... - Summer Lover - 4/2/2009 3:45:14 PM
                         I didn't think so ... - Summer Lover - 4/2/2009 2:42:23 PM
                    Suppose - Talullahhound - 4/2/2009 5:42:02 PM
                         Suppose - water_watcher - 4/2/2009 7:04:16 PM
                              Suppose - architect - 4/2/2009 8:13:58 PM
                                   Suppose - water_watcher - 4/2/2009 8:25:01 PM
                                        Here you go - water_watcher - 4/2/2009 8:29:09 PM
                                             Architect - water_watcher - 4/2/2009 8:48:32 PM
                                        Suppose..YOU ARE SO WRONG - architect - 4/2/2009 9:52:29 PM
                                             Suppose..YOU ARE SO WRONG - architect - 4/2/2009 9:57:17 PM
                                                  Read This - It may help - water_watcher - 4/3/2009 5:52:22 AM
                                                       Read This - It may help - architect - 4/3/2009 7:44:18 AM
                                                            Read This - It may help - water_watcher - 4/3/2009 8:24:11 AM
                                                            Here is personal proof - water_watcher - 4/3/2009 8:35:49 AM
                                                                 Here is personal proof NOT - architect - 4/3/2009 5:40:39 PM
                                                                      Here is personal proof NOT - water_watcher - 4/3/2009 6:25:52 PM
                                                                           Here is personal proof NOT - architect - 4/3/2009 9:36:58 PM
                                                                                Here is personal proof NOT - architect - 4/3/2009 9:43:55 PM
                                                                                     Here is personal proof NOT - water_watcher - 4/4/2009 6:09:38 AM
                                                                                          Here is personal proof NOT - architect - 4/4/2009 8:06:45 AM
                                                                                               Here is personal proof NOT - water_watcher - 4/4/2009 8:30:30 AM
                                                                                                    One final thought - water_watcher - 4/4/2009 8:43:29 AM
                                                                                                    Here is personal proof NOT - architect - 4/4/2009 9:02:10 AM
                                                                                                         Here is personal proof NOT - water_watcher - 4/4/2009 6:51:02 PM
                                                                                                              Here is personal proof NOT - architect - 4/4/2009 8:11:02 PM
                                                                                                                   I almost forgot - architect - 4/4/2009 8:40:04 PM
                                                                                                                        I almost forgot - water_watcher - 4/5/2009 7:41:55 AM
                                                                                                                   Here is personal proof NOT - water_watcher - 4/5/2009 7:44:23 AM
                                                                                                                        Other examples - architect - 4/5/2009 8:02:38 AM
                                                                                                              Civil rights? - Talullahhound - 4/4/2009 9:41:00 PM
                                                                                                                   Civil rights? - cobra - 4/4/2009 10:05:30 PM
                                                                                                                        Other examples - architect - 4/4/2009 10:21:57 PM
                                                                                                                             I agree with some - water_watcher - 4/5/2009 8:04:56 AM
                                                                                                                   Civil rights? - water_watcher - 4/5/2009 7:47:13 AM
                                                                                                                        Give credit where credit is... - rude evin - 4/5/2009 8:42:53 AM
                                                                                                                             Give credit where credit is... - architect - 4/5/2009 9:37:09 AM
                                                                                                                                  Give credit where credit is... - water_watcher - 4/5/2009 10:19:38 AM
                                                                                                                                       Give credit where credit is... - architect - 4/5/2009 10:51:08 AM
                                                                                                                                            Give credit where credit is... - water_watcher - 4/5/2009 11:29:52 AM
                                                                                                                                                 So - Talullahhound - 4/5/2009 3:22:01 PM
                                                                                                                                       Give credit where credit is... - Lady - 4/5/2009 5:19:40 PM
                                                                                                                                            Give credit where credit is... - rude evin - 4/5/2009 5:42:03 PM
                                                                                                                                                 Give credit where credit is... - water_watcher - 4/5/2009 5:49:49 PM
                                                                                                                                            Give credit where credit is... - water_watcher - 4/5/2009 5:47:26 PM
                                                                                                                                  Give credit where credit is... - rude evin - 4/5/2009 6:06:14 PM
                                             Suppose..YOU ARE SO WRONG - water_watcher - 4/3/2009 5:33:25 AM
                              Suppose - Talullahhound - 4/2/2009 9:33:49 PM
                                   Suppose - water_watcher - 4/3/2009 5:40:40 AM
     Intellectuals - au67 - 4/2/2009 9:13:08 AM
          Intellectuals - John boy - 4/2/2009 11:27:08 PM
               Intellectuals - water_watcher - 4/3/2009 5:42:19 AM
               Hey, John Boy... - Mack - 4/3/2009 8:32:39 PM
     Intellectuals - AUCATZ - 4/3/2009 12:26:17 PM



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