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Women of color are the most likely to receive subprime loans while white men are the least likely; the disparity grows with income levels. Compared to white men earning the same level of income, black women earning less than the area median income are two and a half times more likely to receive subprime. Upper-income black women were nearly five times more likely to receive subprime purchase mortgages than upper-income white men.
Staggering Loss of Black Wealth Due to Subprime Scandal Continues Unabated

Source: prospect.org

  • 8 years ago
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Librarian, historian, queer feminist, #fanficĀ author, wife, w/cats. she/her. for original thoughts find me on Twitter @feministlib.

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