Where Credit is Due (BOK)

John Powell

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While much recent attention has been focused on the subprime lending and foreclosure crisis, little has been said about its radically-disparate impact. Drawing upon history as well as insight into the current crisis, this book shows that this crisis is not an anomaly, especially for people of color; nor is it over. People of color have been excluded from wealth-building opportunities via homeownership continuously throughout United States history, from the outright denial of credit and residential racial discrimination, to federally-sponsored urban renewal programs. The subprime lending and foreclosure crisis is predicted to strip a quarter of a trillion dollars in wealth from black and Latino homeowners. It has reversed home ownership gains for people of color and has decimated neighborhoods across the United States while impacting local, regional, national, and international economies. The consequences are devastating. This collection of essays provides a framework for creating equitable policy and ultimately building more stable communities for all Americans.

Produktfakta

Språk Engelsk Engelsk Innbinding Heftet
Utgitt 2013 Forfatter John Powell
Forlag
PLYMBRIDGE DISTRIBUTORS LTD
ISBN 9780761856061
Antall sider 402 Dimensjoner 15,4cm x 22,6cm x 2,4cm
Vekt 549 gram Leverandør Bertram Trading Ltd
Andre medvirkende Deyanira Del Rio, Gail Christopher, Gary Dymski, Henry Korman, Ira Goldstein, Jeffrey D. Dillman, Rick Cohen, Vanessa Carter Emner og form Credit & credit institutions