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Race, Ethnicity, and the Subprime Mortgage Crisis |
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From Economic Policy Institute: The subprime mortgage crisis, with its links to the broader housing sector and to financial markets, is at the top of the national policy agenda. As Congress and the Federal Reserve consider proposals for reform, it is important to consider how and why this crisis came to have a disproportionate impact on communities of color. On Thursday, June 12, 2008, EPI's Program on Race, Ethnicity, and the Economy presents a panel discussion to examine the reasons for this disparate impact and how policy reforms can be best tailored to serve the communities hardest hit by the crisis.
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