Denying loans to poor people is normal underwriting, you're *supposed* to decide whether to give them a loan based on their income and credit history Redlining means throwing out applications before you even look at the numbers because the address is in a "Black neighborhood"https://twitter.com/michaelharriot/status/1227846159319867393 …
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The majority of those mortgages were held by white people, and this whole thing was a completely separate issue from redlining and should not be spoken of as the same topic
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Even that alone wouldn't have caused the crisis, which was caused by Wall Street packaging and financializing those bad loans, and the ratings industry giving them ratings they never deserved. Poor people taking out loans they couldn't afford were not the villains there.
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Right, it was the availability of ready refinancing that convinced a lot of borrowers the possibility of foreclosure could be indefinitely delayed A lot of people didn't understand the nature of the system they were being asked to buy into and were deliberately misled
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