Cover art for podcast Real Estate Realities With The RebelBroker

Real Estate Realities With The RebelBroker

444 EpisodesProduced by Robert WhitelawWebsite

Robert 'The Rebelbroker' Whitelaw is a real estate broker and Realtor® in Morgan Hill, California with over 30 years experience! His show discusses some of the best ways to achieve your real estate goals and build wealth for buyers, sellers, investors, entrepreneurs or just real estate watchers - fr… read more

44:36

Race and Lending

You are either going to love me or hate me after this one

I came across a "study" recently relating to lending to minority communities. This subject annoys the hell out of me since the vast majority of the time, what is being sold as solid data is a ridiculous manipulation of opinion by making assumptions that do not at all line up with the data collected.

This study is just one such example. As a matter of policy, it is important to understand that lenders are among the most regulated folks on the planet. Anyone engaging in lending that was biased against any race (and only on their race) would be found out relatively quickly and those folks would go to jail.

So what do we do with studies like the one we are covering today that clearly claim that some folks are not getting loans only because of their skin color. Well, we pay attention and we think our way through it. That is what we are doing today.

Also, the show is now available on iHeartRadio! If you you are a fan of iHeart - make sure to check it out! Just do a search on "real estate realities" and the show should come right up!

Please help the show by filling out the audience demographic survey.

Also, to take part in this weeks poll or check out links to the articles discussed in todays show, check out the show notes at http://www.therebelbroker.com

#lending #racism #realestate #bias #fairlending #communityreinvestment #subprime #mortgage

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