Study: Minority Borrowers/Communities Get Too Many FHA and VA Loans.

Story about study in seven cities (not including Portland or Seattle) is HERE; study is HERE.

Tempting to put this into "no good deed goes unpunished" bin; reality is that government loans have long been a primary source of mortgage financing for African American and Hispanics (especially first time buyers), while conventional and GSE loans to African Americans and Hispanics have lagged. 

Only period when this was not true was during subprime days (remember those were conventional loans) and that didn't work out so well.

Originally created and posted on the Oregon Housing Blog.