Bank of America testing no down payment mortgages for nigger's and spic's.
>Gibs me dat Jewish banker man! Sheeet day givn free house's n sheeit out!
Bank of America testing no down payment mortgages for nigger's and spic's.
>Gibs me dat Jewish banker man! Sheeet day givn free house's n sheeit out!
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Fast forward 20 years
>Predatory lenders preyed on the vulnerable minority communities they knew couldn't afford these mortgages!
Oh my god isn't this exactly what started the 09 crisis
Did they not learn anything from the subprime mortgage disaster that caused the global financial crisis of 2008?
Aren’t those areas the ones that have houses less than $10k?
That would be nice.
yes
that was fannie mae and freddie mac but yes
Think if they lock these minorities in with 30 year fixed rate 1% mortgages? But only for minorities.
No risk of collapse, they just get free shit.
they are insolvent
nope, they're going to double down on this race nonsense until there is nothing left but a burning pile of rubble
>they
((((((((((((((((((they))))))))))))))))))))
not everywhere is Detroit, for instance the historically black part of Portland Oregon has house going for $600,000 - $1,000,000. Niggers have been selling them to shitlibs from California and making bank on them because many of these homes had been in their families for generations.
No down payment mortgages are unironically a good idea to stop the rentjew, but filtering it to spics and nigs only makes it clear who they want to put in charge, and who they want to keep as rentoids
>Link to article
naw payin shit zimzamzuberba muffinnuble cracker stupid zimzan
Here we go again.
I was woke and there when the 2008 subprime mortgage crisis was kicking off and the one thing that is hugely different now than before is that the Jews quadrupled the supply of money in the last 2 years.
That was absolutely not the case in 2008. So housing prices will see a little dip, and then then Jews will double the supply of US Dollars again and then house prices will go to 90 years of minimum wage labor, up from 50 years as it is now.
The core problem is Jewish Jihadi Slavery in the first world. It's unchecked power at this point
lol it keeps happening. MM about to dump their bags on niggers.
Didn't this shit lead to the real-estate collapse of 2008?
You OWE us
But if they aren't making a down-payment, aren't they paying more interest in the long term?
THAT WAS 30 YEARS AGO YOU FUCKING RACISTS GROW THE FUCK UP
They couldn't afford to pay it back then because they were still recovering from slavery
Now that they back on they feet it's time to give them a chance, plus when reparations finally come through theyll pay off they loans
>No risk of collapse, they just get free shit.
The whole point of predatory loaning is that you take the person's deposit, charge them a high interest rate for a few years and then foreclose on the house when interest rates go even higher. This way you either profit from dumb poor people paying very high interest for decades or you take their deposit, a few years interest and eventually resell their house.
Low interest with no deposit has weak earning potential and given that we're right the cusp of both a housing market retraction AND a recession, there is no way that they can make money off of this without some taxpayer sponsored jewish loophole.
No wonder you people are all kike slaves these days.