A significant aspect of the Great Recession (2008-2010) involved white lending officials' discriminatory lending practices, including all the following EXCEPT:
A) regularly channeling black and Latino homeowners into subprime (high-interest) home loans when they would have qualified for regular-interest, less risky loans.
B) regularly channeling poor white homeowners into subprime (high-interest) home loans when they would have qualified for regular-interest, less risky loans.
C) ensuring black and Latino homebuyers were more than twice as likely as white homebuyers to receive expensive subprime mortgages, even after loan amounts and household incomes were taken into account.
D) expanding loans to families of color and making substantial profits even though lenders knew the families would have trouble repaying the loans.
E) granting high-interest loans for second mortgages to unsuspecting customers of color with the argument that the latter could use their home equities for important needs such as paying medical bills.
Correct Answer:
Verified
Q10: Various housing discrimination studies found which of
Q11: Sociologists Maria Krysan and Reynolds Farley examined
Q12: Only since the _ have federal regulations
Q13: _ describes the discriminatory practice of fencing
Q14: A recent investigation by ProPublica and Consumer
Q16: Effects on families and communities of color
Q17: A major 2018 study by the Center
Q18: A major 2018 study by the Center
Q19: Which of the following is true regarding
Q20: Of the housing discrimination complaints filed annually:
A)
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