Friday, October 7, 2016

When the united states reported the mortgage default data, social scientists discovered new minority?

homeowners were being evicted due to defaults at much higher rates than white homeowners. More high interest mortgages were sold to working class, first time home buyers. The impact of the defaults on minority homeowner is:

a. A manifest effect of credit laws
b. A latent effect of lending practices
c. Widely interpreted as part of business
d. Survival of the fittest
e. Market survival

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