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Who's Getting These Loans?

Subprime loans across the United States are issued overwhelmingly to blacks and Hispanics, rather than to whites and Asians. Subprime lending to blacks and Hispanics, moreover, has soared in recent years, as shown in this data from New York City.

Who's Getting These Loans?

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Subprime Mortgages and Race: A Bit of Good News May Be Illusory
Article | Subprime mortgages have been linked to a meltdown in housing and questionable Wall Street practices, and they may have been the original domino that set off America's current economic crisis.

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