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thomhartmann

(3,979 posts)
Wed Feb 1, 2012, 02:36 PM Feb 2012

Thom Hartmann: 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.

The Big Picture with Thom Hartmann on RT TV & FSTV "live" 9pm and 11pm check www.thomhartmann.com/tv for local listings
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Thom Hartmann: Did the foreclosure crisis target minorities? (Original Post) thomhartmann Feb 2012 OP
That sounds like Predatory lending to me. midnight Feb 2012 #1
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