Monday, February 09, 2015

Banks forced to fund left wing groups that helped create the mortgage problem

Don't know why this is on the news today, because it was a story last fall--banks forced to give money to the very left wing activist (like ACORN) groups that helped create the crash in mortgage values. Shouldn't that money have gone to the homeowners who believed their lies? http://www.wsj.com/…/bank-of-america-reaches-17-billion-set…

http://news.yahoo.com/doj-money-bank-america-settlement-liberal-activist-groups-212007619.html

“La Raza, Operation Hope, National Community Reinvestment Coalition, and Neighborhood Assistance Corporation of America have all intimidated banks to give loans to minorities, even if they can’t afford to pay them back.”

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