We're Are Not Bigots / Were Not / We're Not We're Not / Or Are We? Do troubled home owners deserve an chance, any chance?
Is it enough to comply with the Civil Rights Law?
Title VI of the Civil Rights Act of 1964
http://www.hud.gov/utilities/intercept.cfm?http://www.usdoj.gov:80/crt/grants_statutes/titlevi.txt
"Title VI prohibits discrimination on the basis of race, color, or national origin..."
The Fair Lending Act is similar.
So you don't discriminate based on race or color and the only time your interested in National Origin is when people can tell you stories of exotic places. So we're legal! No question about it, we're legal. I agree. But, are we any less a bigoted?
There is a pervasive, Orwellian, holier than thou attitude circulating during our present housing crisis. A recent featured blog took the position that many troubled home owners shouldn't be allowed to even try to save their homes! All because the blogger didn't like the mitigation offered to these unknown strangers! The statement was made that: "I'd rather have them get out now, rent until their credit is repaired, and buy again in three years--they will still come out ahead."
Don't get me wrong the blogger and his commentors (me included) are good people! But, they would deny troubled home owners a choice/chance, because they (the commentors) don't approve of the solution offered. These same would be leaders and many of them are other wise good leaders, would dictate to the banks how they and theirs are entitled to the banks stock holders money!
I equate these people with smokers until recently. Many good people use to smoke. These good people would rather die than offend others with body oders, would never deliberately offend anyone yet they would blow smoke at you and pollute the air you breath. Like smokers I don't think any of them have though just how arrogant there altitudes are.
If the people are serious George Orwell may have explained it best! "ALL ANIMALS ARE EQUAL, BUT SOME ANIMALS ARE MORE EQUAL THAN OTHERS"
At the close of Orwell's book it's easy to see "Napoleon" is representing our Bloggers and Commentors, and
"Mr Pilkington" representing a self-righteous out of the closet bigot. When Orwell said: "But as the animals look from Napoleon to Pilkington, from man to pig and from pig back to man, they find that they are unable to tell the difference."
This is just one of life's hard lessons. Not one of these people realized they had any thing, but the best intentions!
Bill
William J Archambault Jr
The Real Estate Investment Institute
wja@reii.org 832-259-7078 or 702-516-1569
From my past: GRI 1975, FLI 1974, Catalyst from a client 1974 an agent that makes things happen, REII, The Real Estate Investment Institute 1995.

©William J Archambault Jr ©The Real Estate Investment Institute ©REII
William, thanks for sharing this. It's important that we all stay aware of what we are saying.