Why Did the Housing Crisis Hit Blacks and Latinxs Harder

Why did the housing crisis hit Blacks and Latinxs harder than Whites?

A) Blacks and Latinxs derive more of their wealth from their homes than Whites
B) because they also had significantly more investments in the stock market than Whites and so they were hit my housing market and stock market crashes
C) because their houses had appreciated in value much faster than those of Whites
D) because they were more likely to have paid off their homes, so they lost the entire value of their homes when they went into foreclosure