[camgunz]

Quick reminder to everyone in the thread that this isn't an example of reverse racism, which doesn't exist, nor is it an example of racism, which would require that BofA consider Black and Latino mortgage seekers as superior to Whites based on their race.

Not to be all Eeyore, but it's a little exhausting to have any post about any race-conscious action get bogged down by commenters who haven't even read the Wikipedia pages for racism and reverse racism. There's an interesting discussion to be had about these kinds of policies:

- housing as infinitely growing store of wealth is probably bad, is it a good idea to get more people on that train? Is it unfair to effectively bar Black and Latino mortgage seekers from the gravy train?

- is it a good idea to do this now, as we're descending further into a housing crisis, or are these markets more liquid than others

- what are other non-credit-score measures of creditworthiness? Is credit even a good idea? Should the government just back things like mortgages, school, and auto loans?

https://en.m.wikipedia.org/wiki/Racism

https://en.m.wikipedia.org/wiki/Reverse_racism