We Wanted Safer Banks, We Got More Inequality
&gt; What I am saying is that now some lenders — banks — are under rules so tough they can’t support equality-enhancing mortgages<p>What is an equality-enhancing mortgage? My guess is that it&#x27;s akin to an equal opportunity &#x2F; affirmative action campaign. The thing is, actuarial tables aren&#x27;t oppressive - they&#x27;re merely reflective of reality.  If a particular group presents a higher risk profile than another, the only sane course of action is to be more restrictive when lending to members of that group.<p>The alternative is for banks to give out easy money again like in the leadup to 2008 and that didn&#x27;t work out well. I&#x27;m sorry that some people can&#x27;t get mortgages but the answer is not to aggregate out their financial problems onto those of us who do, in fact, pay our bills.