Blacks and Latinos were primary targets for
Lending corporations offering high-interest subprime loans, and were thus disproportionately hit by the subprime
Mortgage crisis. Blacks were especially vulnerable to such loans because they were denied the equity that whites have long enjoyed, a result of
Federal Housing Administration redlining and racial
Discrimination in the granting of housing loans and
Mortgages during the mid 20th century.
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