A closer look at loan numbers shows that the housing bust not only hurt African American and Hispanic households most, but they benefit least from today’s favorable market for new homeowners. Compared to 2001 lending standards, as many as 1.2 million loans were “missing” in 2012 alone due to lower credit availability—disproportionately impacting African American and Hispanic households.
The Housing Bust Disproportionately Hurt Minorities
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