Is Bank Of America Doing Anti-White Racial Discrimination By Person Or By Neighborhood? (Both Are Illegal)

By James Fulford

09/04/2022

Earlier: Minority Mortgage Meltdown, Part II: Here We Go Again!

Below, Steve Sailer links to, and quotes a news story that says

Bank of America announces zero down payment, zero closing cost mortgages for Black and Hispanic first-time homebuyers

By Rob Wile, NBC, August 31, 2022

That same story has had its headline changed to

Bank of America announces zero down payment, zero closing cost mortgages for first-time homebuyers in Black and Hispanic communities nationwide

Residents in selected Charlotte, Dallas, Detroit, Los Angeles and Miami neighborhoods will be offered the program first.

At Instapundit, the Republican-appointed Civil Rights Commissioner Gail Heriot notes the same thing:

BANK OF AMERICA MIGHT BE GETTING ITSELF INTO A LAWSUIT: “Bank of America Announces Zero Down Payment, Zero Closing Cost Mortgages for Black and Hispanic First-Time Buyers.” This may be another job for the American Civil Rights Project. (Update: They apparently changed the headline. The original headline was as shown.)

I don’t know why NBC changed the headline, but it could have been in response to a panicked phone call from Bank of America’s legal team saying something like “We’re not illegally discriminating against whites, we found a workaround.”

The BOA news release, linked in the NBC story, talks about providing loans in black and Latino communities, which could theoretically be available to white gentrifiers:

CHARLOTTE, N.C., Aug. 30, 2022 /PRNewswire/ — Bank of America today announced a new zero down payment, zero closing cost mortgage solution for first-time homebuyers, which will be available in designated markets, including certain Black/African American and/or Hispanic-Latino neighborhoods in Charlotte, Dallas, Detroit, Los Angeles and Miami. The Community Affordable Loan Solution™ aims to help eligible individuals and families obtain an affordable loan to purchase a home.

They also explain that they’re doing it because of a Gap in homeownership, so they probably are illegally discriminating by race:

According to the National Association of Realtors, today there is a nearly 30-percentage-point gap in homeownership between White and Black Americans; for Hispanic buyers, the gap is nearly 20 percent. And the competitive housing market has made it even more difficult for potential homebuyers, especially people of color, to buy homes.

Bank of America Introduces Community Affordable Loan Solution™ to Expand Homeownership Opportunities in Black/African American and Hispanic-Latino Communities,Bank of America Corporation, August 30, 2022

However, as far as the actual law is concerned, it doesn’t matter if they’re discriminating against whites by race or by neighborhood — we’ve got years of discrimination law (specifically the Fair Housing Act) saying discrimination by neighborhood is just as bad.

• Biden Administration Attempts To Inflate Home Prices In Black Neighborhoods
• Realtor.com Censors Crime Map On Its Database In “An Effort To Avoid Penalizing Black And Latino Communities”
• Com Abandons Publishing Neighborhood Crime Data Because It “Reinforces Racial Bias” Against Blacks
• Antiquarianism In Action: Biden Administration Announces Campaign Against Clear And Present Danger Of … Redlining
• Biden’s Infrastructure Plan Targets The White Suburbs For Destruction … And Of Course Crime
• A New York Reader Reports New York AG Letitia James Bullying Upstate NY Town Into Demographic Dispossession

The only question is, if this is brought before a court, will the court follow the law, or will they decide that a white person has no “civil rights” that the Federal Government is bound to respect?

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