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.

SOURCE: Furman Center for Real Estate and Urban Policy | The Washington Post - June 30, 2008

This Story 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. NEIGHBORHOODS BEAR THE BRUNT Who's Getting These Loans?		TOOLBOX E-Mail This Save/Share + Digg Facebook Reddit Twitter myspace SOURCE: Furman Center for Real Estate and Urban Policy \| The Washington Post - June 30, 2008 ¬es=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." onclick="if ( typeof otto != 'undefined' ) { }" onmouseover="changebg2('delicious')" onmouseout="resetbg2('delicious')" target="new">del.icio.us SOURCE: Furman Center for Real Estate, Urban Policy \| The Washington Post - June 30, 2008 \'),\'newstrust\'+(new Date()).getMilliseconds(),\'dependent=no,scrollbars=yes,resizable=yes,alwaysRaised=yes,status=yes,directories=yes,location=yes,menubar=yes,toolbar=yes,width=430,height=750,modal=no\'));ntw.focus();'" onclick="if ( typeof otto != 'undefined' ) { }" onmouseover="changebg2('newstrust')" onmouseout="resetbg2('newstrust')">NewsTrust Stumble It! COMMENT 0 Comments Your browser's settings may be preventing you from commenting on and viewing comments about this item. See instructions for fixing the problem. Discussion Policy CLOSE Comments that include profanity or personal attacks or other inappropriate comments or material will be removed from the site. Additionally, entries that are unsigned or contain "signatures" by someone other than the actual author will be removed. Finally, we will take steps to block users who violate any of our posting standards, terms of use or privacy policies or any other policies governing this site. Please review the full rules governing commentaries and discussions. You are fully responsible for the content that you post. Who's Blogging » Links to this graphic
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