More and more people own their own homes in America today. Two thirds
> of all Americans own their own homes, but we have a problem because
> fewer than half of the Hispanics and fewer than half of the African
> Americans own their own home. That?s a home ownership gap, a gap we
> have to work together to close. By the end of this decade we will
> increase the number of minority homeowners by at least 5 and ½ > million.
Rather than closing the gap by lowering the criteria for lending, would it not have been much better to have addressed the causes of those communities not being able to afford to buy their own homes using the existing lending criteria.