Bank of America’s New Racist Policy: Offers Zero Down Payment, Zero Closing Cost Mortgage Loans to Non-Whites

This is absolute racism and a flagrant violation of our civil rights laws. More unequal application of law. The greatness of quality for all under the law, shredded along with every great American freedom.

Related: Biden Admin To Distribute $50 Billion Chips Fund Based On Race And Gender

Bank of America’s New Racist Policy: Offers Zero Down Payment, Zero Closing Cost Mortgage Loans to Non-Whites

By: Daniel, Red Right Videos, September 6, 2022:

Story continues below advertisement

Equal rights are a rallying cry for progressive liberals. They want diversity to permeate each and every aspect of American culture. On the one hand, they insist that all Americans are created equal, particularly minorities. But they enact legislation and policies that oppress certain racial or social groups.
“My biggest prediction in 50 years on Wall Street”

Favoring Americans because of their skin tone is hypocritical. However, a number of “woke” companies have continued to exclude one race from certain programs in spite of this. During the pandemic, only Hispanic farmers were given assistance from a particular program that was designed to help.

This is hardly the only instance of how people of a specific race or skin tone are offered financial advantages. A unique initiative for home loans was recently unveiled by Bank of America. Prospective homeowners will be able to apply for a zero-down payment in a few U.S. cities.

The program will also offer zero-closing-cost mortgages. There’s only one big problem. If the aspiring new homeowner is, say, white, Asian, or anything other than black or Hispanic, they don’t qualify. There are also some other interesting features to this program of racial favoritism.

There will be no requirement to carry mortgage insurance. Besides this suspicious loan security omission, no minimum credit score is required. Does anyone else see a trend here that mirrors the dreadful housing collapse that happened in 2008?

Is Bank of America trying to repeat the same calamity that devastated the U.S. housing industry? Or maybe, Bank of America is just another massive corporation trying to look “woke.” In many respects, this doesn’t even appear to be legal.

There are housing discrimination laws in America. Offering people of a particular race or skin color an advantage in the housing market is blatant discrimination against those who do not qualify. Once again, in the name of diversity, white Americans are being discriminated against.

The Truth Must be Told

Your contribution supports independent journalism

Please take a moment to consider this. Now, more than ever, people are reading Geller Report for news they won't get anywhere else. But advertising revenues have all but disappeared. Google Adsense is the online advertising monopoly and they have banned us. Social media giants like Facebook and Twitter have blocked and shadow-banned our accounts. But we won't put up a paywall. Because never has the free world needed independent journalism more.

Everyone who reads our reporting knows the Geller Report covers the news the media won't. We cannot do our ground-breaking report without your support. We must continue to report on the global jihad and the left's war on freedom. Our readers’ contributions make that possible.

Geller Report's independent, investigative journalism takes a lot of time, money and hard work to produce. But we do it because we believe our work is critical in the fight for freedom and because it is your fight, too.

Please contribute here.

or

Make a monthly commitment to support The Geller Report – choose the option that suits you best.

Quick note: We cannot do this without your support. Fact. Our work is made possible by you and only you. We receive no grants, government handouts, or major funding. Tech giants are shutting us down. You know this. Twitter, LinkedIn, Google Adsense, Pinterest permanently banned us. Facebook, Google search et al have shadow-banned, suspended and deleted us from your news feeds. They are disappearing us. But we are here.

Subscribe to Geller Report newsletter here— it’s free and it’s essential NOW when informed decision making and opinion is essential to America's survival. Share our posts on your social channels and with your email contacts. Fight the great fight.

Follow Pamela Geller on Gettr. I am there. click here.

Follow Pamela Geller on
Trump's social media platform, Truth Social. It's open and free.

Remember, YOU make the work possible. If you can, please contribute to Geller Report.

Join The Conversation. Leave a Comment.

We have no tolerance for comments containing violence, racism, profanity, vulgarity, doxing, or discourteous behavior. If a comment is spammy or unhelpful, click the - symbol under the comment to let us know. Thank you for partnering with us to maintain fruitful conversation.

If you would like to join the conversation, but don't have an account, you can sign up for one right here.

If you are having problems leaving a comment, it's likely because you are using an ad blocker, something that break ads, of course, but also breaks the comments section of our site. If you are using an ad blocker, and would like to share your thoughts, please disable your ad blocker. We look forward to seeing your comments below.

Sponsored
Geller Report
Thanks for sharing!