Did the foreclosure crisis target minorities?
There’s still no relief in sight for struggling American homeowners. Especially after we learned this week that mortgage giant Freddie Mac – which was in charge of keeping Americans in their homes – was actually betting on people getting kicked out of their homes. Since the George Bush meltdown in 2007 – 9 million homes in American have been lost to foreclosure. And as of right now – another 4 million are in danger of foreclosure. But even more troubling than these disturbingly high foreclosure numbers – is what’s behind them. And how this foreclosure crisis is disproportionately affecting minority homeowners. Joining me from New York to speak to this issue is Janell Ross – Business Reporter with the Huffington Post
Duration : 0:6:20
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