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Bank Of America Minority Home Loan Settlement - $335 Million

Bank Of America has agreed on a $335 million dollar settlement after claims that it's Countrywide Financial unit gave higher interest rate ...

Pastor launches master class

In October, Dr. DeForest B. Soaries Jr., who has served as the senior pastor of First Baptist Church of Lincoln Gardens in Somerset, N.J., will start a one-of-a-kind online master class providing expert insight on obtaining a coveted position as a paid corporate director.

“How to Become a Corporate Director” is a 15-module course designed to train future corporate members. The goal of this endeavor is to assist companies seeking to increase the diversity in their board rooms. Teaching capable executives how to position themselves for seats at the corporate boardroom table is exactly why this class is being presented.

“This has become my passion,” said Soaries. “As I speak to large groups of people around the country and even in my one-on-one mentoring with individuals, I have discovered that there is a gap in knowledge about how corporate boards work and how to position oneself to become a corporate board member.”

Soaries’ pastoral ministry focuses on spiritual growth, educational excellence and economic empowerment. From 1999 to 2002, Soaries was the first African-American to serve as New Jersey secretary of state. He is also the former chairman of the United States Election Assistance Commission, which was established by Congress to implement the “Help America Vote Act” of 2002.

Why did Bush ask/order fannie mae to make 440 BILLION in home loans to minorities in 2002?

I keep seeing the same lies being posted by republicans.
The govt can not force a bank to make a risky loan.
Republicans controlled congress 12 years from Jan 1995 to Jan 2007. They write or change the laws that banks have to follow.

Are you crazy.......He did not. That was all the Democrats doing. Check out what Maxine Waters said when Bush wanted oversight of FM&FM. Don't be so stupid. Research it.