In this article, we describe how residential segregation and individual racial disparities
generate racialized patterns of subprime lending and lead to financial loss among black …

The subprime boom and subsequent foreclosure crisis highlighted risk associated with
pursuit of the American Dream of homeownership. People of color and those living in …

Recent studies find that high levels of black-white segregation increased rates of
foreclosures and subprime lending across US metropolitan areas during the housing crisis …

Unsustainable high-cost lending was a major contributor to one of the worst financial crises
in US history. While several studies examine individual-and community-level predictors of …

Subprime mortgage lending in the early 2000s was a leading cause of the Great Recession.
From 2003 to 2006, subprime loans jumped from 7.6% of the mortgage market to 20.1 …

The impacts of the foreclosure crisis have been widespread, catalyzing the worst economic
downturn since the Great Depression and leading to dramatic declines in housing equity …

The rise in subprime lending and the ensuing wave of foreclosures was partly a result of
market forces that have been well-identified in the literature, but it was also a highly …

In the decade leading up to the US housing crisis, black and Latino borrowers
disproportionately received high-cost, high-risk mortgages—a lending disparity well …

The current foreclosure crisis has devastated many predominantly black or Hispanic
communities, in part because blacks and Hispanics were disproportionately likely to finance …

This study addresses two largely unanswered questions about the United States subprime
crisis: why were minority applicants, who had been excluded from equal access to mortgage …