Monday, October 4, 2010

Predatory Lending Hurt Blacks in Foreclosure Crisis

Sign of the times - ForeclosureImage via Wikipedia
Surprise, surprise.

Although the rise in subprime lending and the ensuing wave of foreclosures was partly a result of market forces that have been well-documented, the foreclosure crisis was also a highly racialized

Predatory lending resulted in the foreclosure crisis intensifying among Blacks. Read the details and weep. Somethings don't seem to change.

Enhanced by Zemanta

No comments:

Post a Comment