Housing Market and Minorities
The program was held at the Institute for Policy Studies.
Brenda Cotto-Escalera and Dedrick Muhammad talked about the subprime mortgage crisis, calling it the the greatest loss of wealth for African Americans in modern history. They are the co-authors of Foreclosed: State of the Dream 2008, a report detailing how the subprime mortgage crisis will impact African-Americans and other racial groups. They find the costs to different groups will vary due to the racial bias in the way these loans were marketed and delivered. They answered questions from the members of the audience.
The program was held at the Institute for Policy Studies. close
People in this video
John Cavanagh Director Institute for Public Studies
Brenda Cotto-Escalera Co-Executive Director (Interim) United for a Fair Economy
Dedrick Muhammad Senior Organizer Institute for Policy Studies->Program on Inequality and the Common Good
Housing Market Outlook, Panel 1
Mortgage industry leaders talked about the outlook for the U.S. housing market and the potential impact on financial…
Challenges & Risks in Mortgage Market, Panel 2
The panelists talked about the challenges and risks in the home mortgage market. Topics included subprime mortgages,…
Federal Response to the Subprime Mortgage Crisis
Mortgage and housing experts talked about the federal response to the subprime mortgage crisis. They described efforts to protect…
Minorities and Mortgage Foreclosure Crisis
Robert L. Johnson talked about the state of the housing market and the mortgage foreclosure crisis among minority…