Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: Brumar89 who wrote (423657)	10/8/2008 8:30:21 AM
From: HPilot	Read Replies (1) \| Respond to of 1587075

We should give people mortgages they can't handle because of the borrowers race? If anything its Barney Frank and the sub prime mortgage companies who are the racist's. Sub prime mortgages are mortgages which are given to those who cannot qualify for loans with their credit. If they are poor its their low income that gives them bad credit. These loans are at higher interest rates. So duh banks think they couldn't pay these loans at regular rates, so they can pay them at higher rates? Many of these people were debt free before. Why not a program to help them save and pay a large down payment instead? I guess that wouldn't be profitable for Barney's lover.

To: Brumar89 who wrote (423657)	10/8/2008 9:26:42 AM
From: Road Walker	1 Recommendation Read Replies (3) \| Respond to of 1587075

We should give people mortgages they can't handle because of the borrowers race? You racism is showing. My WAG (I don't know) is that 90% of the bad mortgages went to white folk.