In many low-income and minority communities, half or more of all home loans are subprime and increasingly predatory. This is partly the result of Wall Street's infusion of more than $300 billion of financial muscle without exercising a banker's due diligence or the "power to influence" standard set by the 11th Circuit Court of Appeals in U.S. v. Fleet Factor Corporation.

Most knowledgeable minority and inner-city church and community leaders recognize the need for subprime loans. They hope the present predatory lending scandal does not lead to an overreaction that might unnecessarily restrict access to credit through the creation of rigid definitions of predatory lending.

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