The Community Reinvestment Act is part of the problem that has resulted in millions of subprime mortgages to illegal aliens - now in default/foreclosure.

BB & T are on the list of banks catering to the unbanked, undocumented.

(quote)
BB&T unveils newest educational audiotape for Hispanics

BiBi Tape No. 9 helps immigrants better understand the U.S. legal system

WINSTON-SALEM, N.C., July 14 /PRNewswire-FirstCall/ -- In an effort to
reach the fastest growing ethnic group in the United States, BB&T today
released the ninth installment in an ongoing series of Spanish-language
educational audiotapes.
Tape No. 9 offers advice on legal services in America. It is sponsored
by BB&T, the North Carolina Office of Hispanic/Latino Affairs and the North
Carolina Bar Association. The 60-minute "BiBi" (pronounced Bee-Bee) tapes -
named for its main character - are available throughout BB&T's 1,400-branch
network across 11 states and Washington, D.C.
BB&T is the first and only bank known to provide free informational
tapes designed to assist new Hispanic immigrants understand the nuances of
living in the United States.
"This latest installment focuses on issues identified as the most
important by the new immigrant population and the North Carolina Bar
Association," said Axel Lluch, director of Hispanic and Latino Affairs for
the N.C. governor's office. "We are pleased that the BiBi series is keeping
pace with situations that are critically important to our Spanish-speaking
residents as they embrace American culture," he said.
The BiBi tapes are designed to bridge the learning gap many Hispanics
say exists when it comes to life and how to live it in America. The ninth
tape offers an overview of the U.S. legal system and explores topics such
as when to consult an attorney and worker's compensation laws.
"The North Carolina Bar Association (NCBA) is delighted to be a partner
in BB&T's ongoing education of this state's growing Hispanic population,"
said Meredith Nicholson, who chairs the NCBA's Hispanic/Latino Lawyers
Committee. "Our committee feels strongly that education is the key to
integrating North Carolina's immigrant community."
BiBi Tape No. 9 also discusses the Legal Aid Services agency, predatory
lending warnings, credit records, court proceedings and the importance of
financial planning.
Unlike traditional American educational audiotapes, where narrators
generally offer information in a tutorial teacher-to-student style, the
BiBi tapes follow the "TV Novelas style" storytelling approach popular on
Spanish television.
The tapes trace the experiences of Juan and Maria Perez, fictional
immigrants who have recently come to the United States. One of the people
they meet is a Mexican woman named Beatriz Bienvenido Torres, or "BiBi," as
she likes to be called. BiBi, portrayed as a respected member of the
Hispanic community and longtime U.S. resident, is also a BB&T "employee" on
the tape.
The previous eight tapes - all available through any BB&T branch -
covered emergency preparedness; home and auto safety tips; renting and
buying a home; health care; education; insurance; working in the United
States; tips on finding a job and starting a small business; and basic
banking information.
BB&T's educational tapes are one part of its ongoing Multicultural
Marketing aimed at the 4.7 million Hispanics in its footprint.
The multi-faceted Hispanic Initiative integrates comprehensive
financial products and services through BB&T's network of Hispanic Banking
Centers with Hispanic Targeted-Community Reinvestment Act programs,
bilingual staff and free international money transfers.
More than half of all U.S. retail banking growth in financial services
during the next two decades will come from America's expanding Hispanic
population, according to the Federal Deposit Insurance Corp.
U.S. Hispanic purchasing power has surged to nearly $700 billion and is
projected to reach as much as $1 trillion by 2007, nearly three times the
overall national rate over the past decade, according to HispanTelligence.
The North Carolina Bar Association, founded in 1899, is the state's
largest association of legal professionals. Its Hispanic/Latino Lawyers
Committee identifies and networks with Spanish-speaking attorneys
throughout the state to better serve the particular needs of
Hispanic/Latino clients.
Winston-Salem, N.C.-based BB&T Corporation (NYSE: BBT) and its
subsidiaries offer full-service commercial and retail banking and
additional financial services such as insurance, investments, retail
brokerage, corporate finance, consumer finance, payment services,
international banking, leasing and trust.
BB&T operates more than 1,400 financial centers in the Carolinas,
Virginia, Maryland, West Virginia, Kentucky, Tennessee, Georgia, Florida,
Alabama, Indiana and Washington, D.C. With $110 billion in assets, BB&T
Corp. is the nation's ninth largest financial holding company. More
information about BB&T Corp. is available at http://www.BB&T.com.

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Epheisans 4:32