Sen. Obama "made the very argument he is now criticizing back in November  2006." — PolitiFact National on Monday, October 29th, 2007. True. Black and  Hispanic homeowners have more subprimes. Hillary Clinton · "About 40 percent  of Hispanic homeowners have subprime mortgages." — PolitiFact National on  Monday, ...
The causes and consequences of the subprime boom, housing market collapse,  and financial crisis ... By. 2031, white wealth is forecast to be 31 percent below  what it would have been without the Great Recession, while black wealth is down  almost 40 percent. For a .... homeowners in low-income white neighborhoods.
Dec 20, 2006 ... Minority homeowners take out a disproportionate share of subprime loans. The  most recent Home Mortgage Disclosure Act data from lending institutions show  that over half of African-Americans and 40 percent of Hispanics received  subprime loans. Photo. The report projects that 10 percent of the ...
Mar 9, 2014 ... We're talking about subprime, where serious delinquencies topped 40 percent.  And when we talk about subprime, we really mean black and Hispanic  homeowners, who held those loans in vastly disproportionate numbers.  Obviously, the story of the crisis transcends race—whites on the whole were  more ...
and subprime mortgages and increased numbers of homeowners for young  households as well as for low income and ... homeownership, or NTMs and  subprime mortgages could have acted as substitutes of traditional ..... lending  grew by more than 2 million loans (about 40 percent) between 2001 and 2005,  meaning that ...
About 40 percent of Hispanic homeowners have subprime mortgages.