So creative aren’t they?
"Applicants do not have to be Black or Hispanic to qualify for the product, a bank representative said. "
And then state “Our Community Affordable Loan Solution will help make the dream of sustained homeownership attainable for more Black and Hispanic families, and it is part of our broader commitment to the communities that we serve.”
And truth be told - Discrimination such as this has been happening for a long long time.
They basically did the same exact thing back in 07, it just wasn’t advertised as such. Senators Dodd and Franks were instructed to give no money down home mortgages to blacks and Hispanics even if they weren’t employed, which proved to be the main contributor to the housing market crash in 08.