It's five years after the worst of the housing crash, and we know a lot about the unsavory mortgage lending practices that helped bring it about. We even know how black and Hispanic people were disproportionately impacted by subprime lending, which led to a massive foreclosure wave in minority communities that still hasn't entirely cleared.
Now, thanks to a Zillow analysis of federal mortgage data and its own home value index with the Urban League, we know that the housing bubble and subsequent crash were much more pronounced in Hispanic communities than places where most whites, blacks and Asians live:
The good news, for Hispanics, is that their home values have rebounded more quickly than those of both blacks and whites, who tend to live in cities that haven't seen robust recoveries. And although the homeownership rate among Hispanic people is much lower than that of whites — 50.9 percent to 73.9 percent respectively — both have barely changed over the past decade. The homeownership rate among black people, by contrast, declined by 2.4 percent, and that of Asians rose by the same amount.
More analysis of lending disparities in the full study here.