Fannie Mae-No Politics (FNMA)

[Mikey Mike]

If you're a bank that has limited funding and you have borrowers...would you rather lend to...someone who has bare minimum credit and just enough for down payment with a job that pays just above income to debt to ratio or someone who is well qualified all the way around?...Statistics show minorities are at a disadvantage in income, credit, and jobs...you can't wake up one day and say hey today I want to be a CEO of a big bank and make alot of money...in that sense...they're at a disadvantage...whether it's how they were raised or the environment that was presented at the time...