Monday, December 29, 2025

Racial Profiling is Back?

Not for the police. No, no. That would make too much sense.

This is for the banks:

  • Your banker is racially profiling you when you apply for a mortgage loan. If he doesn’t, the lending institution you’re applying to is subject to harsh federal penalties for not engaging in racial profiling. The most amazing part of the applicable federal regulation is that if you refuse to disclose your ethnicity and race, the banker is required to visually appraise you, make a guess as to your race/ethnicity based on your appearance, and then report those racial observations to the government. Bull Connor smiles.

    The left has racialized pretty much everything it touches, and during the Obama administration, the Consumer Financial Protection Bureau (CFPB) was created by the Dodd-Frank legislation. The CFPB was the brainchild of Sen. Elizabeth Warren of Massachusetts. Among the tasks taken on by the CFPB is the gathering of information regarding an applicant’s ethnicity, race, and sex under the Home Mortgage Disclosure Act.

    The good news is that Donald Trump has been trying to kill off the CFPB. The bad news is that it’s not dead yet, so mortgage lenders across the country are still being drilled on the importance of viewing customers through the prism of race, and learning how to provide reporting based on observed skin color, accent, surname, hairstyle, and other ethnic characteristics of those applying for mortgage loans.

The government fined Bank of America $12 million for NOT collecting this data. 

Gotta protect that money, ya know.

People (or folks)....not that much. 

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