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Effects on Families and Communities of Color of White Lending

Question 16

Multiple Choice

Effects on families and communities of color of white lending officials' discriminatory lending practices during the Great Recession (2008-2010) included:


A) many black and Latino homeowners losing their homes to foreclosures, thereby losing billions of dollars in assets.
B) many working-class white homeowners losing their homes to foreclosures, thereby losing billions of dollars in assets.
C) lenders and investors holding repossessed homes of Native American families and allowing them to deteriorate.
D) lenders and investors holding repossessed homes of Asian American families and allowing them to deteriorate.

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