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Of course not.The main reason for the problem, was politicians who wanted to buy the votes of people by "giving" them something they couldn't otherwise get, namely mortgages for houses they couldn't afford. They dressed it up by pretending the reason those people couldn't get mortgages previously, was some kind of racial discrimination instead of the real reason (they couldn't pay back the loans).The lawsuit described in the video, is just one of the instruments they used to push that farce, and eventually half-destroy the mortgage market.
Of course not.
The main reason for the problem, was politicians who wanted to buy the votes of people by "giving" them something they couldn't otherwise get, namely mortgages for houses they couldn't afford. They dressed it up by pretending the reason those people couldn't get mortgages previously, was some kind of racial discrimination instead of the real reason (they couldn't pay back the loans).
The lawsuit described in the video, is just one of the instruments they used to push that farce, and eventually half-destroy the mortgage market.