Friendship is born at that moment when one person says to another: What! You too? I thought I was the only one.

-C.S. Lewis

Friday, March 21, 2008

Redlining

Isn't it illegal to make decisions about insurance coverage based on geography??

Mortgage insurers, whose backing is required for borrowers who can't afford the traditional 20 percent down payment on a home, have already flagged nearly a quarter of the nation's ZIP codes where they refuse to insure some home loans.

This blog is based on a true story.