Predatory Lending Is Another Form of American Housing Discrimination
Why do so many minority borrowers, even those with good credit, end up with high-cost loans?
Browsing Tag
Subprime Mortgages
11 posts
How Foreclosures Feasted on Some Cities, Not Others
A look at foreclosures in two Southern California cities shows why some fared better than others in the housing crisis.
Simon Johnson Critiques Democracy vs. Financialization
The former chief economist for the IMF discusses the unfairness of the existing American financial infrastructure and the complex policy prescriptions that seek a remedy.
The Man Who Saw the Mortgage Crisis Coming
The Ohio official who sounded an early and frequent alarm about securitized home loans now has a plan for all those abandoned properties those loans helped create.
Mortgage Loan Documents Getting an Overhaul
In a sadly unusual move, the federal government shops around simplifications to important loan documents by asking the public to pick a winner from among two designs.
Facing Foreclosure? Get Counseling
An inexpensive part of the federal effort to dig America out of the subprime crisis appears to have promise.
Shadow Market Delays Recovery, Helps Defiant Homeowners
In a follow-up to a story we published in March, our featured homeowner still lives defiantly without payments or eviction for more than a year.
New Hope, Indeed!
Last week our David Rosenfeld used the story of Horatio Bernard, an immigrant from Liberia, to outline the…
What Would Horatio Alger Do?
Thousands of Americans are defying eviction notices and exercising civil disobedience.
The Bonfire of the Housing Vanity
If you're looking for someone to blame for the subprime mortgage fiasco, don't stop at George Bush. Go all the way back to Herbert Hoover.