tag:blogger.com,1999:blog-1194375569044391746.post1951551227351513570..comments2024-03-29T02:00:55.623-04:00Comments on Corporate Justice Blog: Dodd-Frank X: Finally Doing Something About Race?Steven Ramirezhttp://www.blogger.com/profile/16741346526253732489noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-1194375569044391746.post-47512258378283422382010-11-14T21:47:43.024-05:002010-11-14T21:47:43.024-05:00I wonder if money was the motivation or unintentio...I wonder if money was the motivation or unintentional racism? Negative stereotypes about blacks are feed to many of us from childhood, this causes a wrong but almost natural distrust of blacks. When working in a professions where the client is judged on honesty and reliability it should not come as a surprise that blacks are discriminated against. I hope we see the regulatory follow up needed to keep everyone in check.Janelle C.noreply@blogger.comtag:blogger.com,1999:blog-1194375569044391746.post-34687801372788300782010-09-11T11:34:24.393-04:002010-09-11T11:34:24.393-04:00I can personally relate to this blog. During my f...I can personally relate to this blog. During my first time homebuyer experience the majority of the mortgage brokers I encountered tried to sale me a subprime mortgage. I qualified for a fixed mortgage due to my credit but that did not matter to the majority of the mortgage brokers. My working in the banking industry for several years and advice from family aided me in making the right decision. But many people do not have that experience or a person who has their best interest in mind to educate them concerning mortgages. As a result, many people have been taken advantage of by mortgage brokers who are more concerned with the money they will make from the YSP due to selling a subprime mortgage, instead of the mortgage that is in the best interest of their client. I absolutely agree that education is a very important factor and I commend Dodd-Frank for bringing it to light and Steven Ramirez for sharing the information.DaVatricenoreply@blogger.com