Email Updates

  • First Name
  • Last Name
  • Email Address
Focus Magazine

Publications

African Americans and Homeownership: The Subprime Lending Experience, 1995 to 2007 - November 2007 - Brief #2

This brief provides a primer on subprime lending and how it has affected homeownership among African Americans. Its story begins in the mid-1990s with the increase in subprime lending for home purchases, home improvement, and refinancing. How the primary and secondary markets for subprime loans operate and how African Americans and households belonging to other racial/ethnic subpopulations have been served by them are detailed. This brief concludes with a discussion of principles and recommendations for enhancing the operation of the subprime market to better meet the needs of African Americans and other disproportionately low-income populations.

SEE ALSO AFRICAN AMERICANS AND HOMEOWNERSHIP: SEPARATE AND UNEQUAL, 1940 - 2006 - NOVEMBER 2007 - BRIEF #1[CLICK HERE]

TO VIEW THIS BRIEF PLEASE DOWNLOAD THE LATEST VERSION OF ACROBAT READER.[CLICK HERE]

Date Published: March 2008

Price: $0.00

African Americans and Homeownership: The Subprime Lending Experience, 1995 to 2007 - November 2007 - Brief #2 Download the file

Browse Publications by Topic

Upcoming Events

All Upcoming Events

Did You Know?

In 2005, African American children were disproportionately likely to receive Social Security Disability Insurance (SSDI) benefits. African American children were 21 percent of the 1.64 million children who received SSDI benefits as the children of disabled workers, but were only 15.5 percent of all children in the United States. Learn more.