Approved Quote by Thomas Sowell

There are clear patterns of discrimination against Blacks and Latinos. The big banks targeted Blacks and Latinos with toxic packages of subprime predatory lending.

— Jesse Jackson

“Including the differential mortgage loan approval rates between Asian Americans and whites shows that the same methods to conclude that that blacks are discriminated…

— Thomas Sowell

These settlements [Justice Department with lenders] include requirements that banks lend to minorities at below-market rates and, in effect, dish out cash to politically…

— Mary Kissel

“At the time, the Federal Housing Administration and Veterans Administration not only refused to insure mortgages for African Americans in designated white neighborhoods like…

— Richard Rothstein

“From the 1930s through the 1960s, black people across the country were largely cut out of the legitimate home-mortgage market through means both legal…

— Ta-Nehisi Coates

I became a professor myself, teaching bankruptcy and consumer protection. I conducted a national study of mortgage companies in bankruptcy. And what I found…

— Katie Porter

Lawsuits against reverse mortgage companies, including the nation's largest, Financial Freedom Senior Funding, contend that those firms helped pressure older Americans into bad investments.

— Charles Duhigg

“The Fed’s fingerprints were all over this boom, and not just because of Greenspan’s low interest rates. In 1993, in response to initiatives by…

— Danielle DiMartino Booth

There was a direct jobs program from the Rooselvelt administration in the 1930s. The Justice Department has set up a task force to investigate…

— Jesse Jackson

Redlining went beyond FHA-backed loans and spread to the entire mortgage industry, which was already rife with racism, excluding black people from most legitimate…

— Ta-Nehisi Coates

As an attorney, I could be rather flamboyant in court. I did not act as though I were a black man in a white…

— Nelson Mandela

The mortgage crisis is a clear instance of consumers who needed protection. There was predatory lending to people who didn't know what they were…

— Nassim Nicholas Taleb