More Bust from the last Boom for Blacks, Hispanics
In a study by the Pew Research Center, published May 12th 2009, from 1995 to 2008, Black and Hispanic families were more likely to borrow from the Sub Prime markets for a mortgage to finance the purchase of their home. Corresponding to that same period, from 1995 to 2007, was the explosive growth in the issuance [...]