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This new plan by Bank of America can’t possibly be legal… (citizenfreepress.com)

  Waiting for the constitutional challenge to the Supreme Court.   Bank of America announces zero down payment, zero closing costs for Black and Hispanic homebuyers.

What do you think?

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HeebSeed
HeebSeed
1 month ago

I think that these poor folks are being set up to have their life savings stolen from them. Much like the sub-prime loans of the previous decade, this plan will put people in houses they cannot afford. It will almost ensure defaults and then the banks will swoop in and get these properties for pennies on the dollar.

Willie Jones Jr
Willie Jones Jr
1 month ago
Reply to  HeebSeed

Yes.

I live in one of those markets. There are no affordable homes. No $100K, $150K. Hell, no $200K.

They will definitely put these folks in unaffordable homes.

Iliketrees
Iliketrees
1 month ago

I guess I identify as Hispanic AND black today then. Man, it’s exhausting identifying as so many different things to get what I want these days.

Luis Meriño Vásquez
Luis Meriño Vásquez
1 month ago

What’s wrong with this? If they are the oppressed ones…