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Of House and Home Fame it!
Posted on Jul 04 2008 6:38 AM by adeal

Kai Wright's moving Nation cover story from last week's issue of the magazine put a human face on the subprime mortgage foreclosure crisis and illuminated a little remarked upon aspect of the catastrophe -- the way that the mortgage industry has effectively stolen much of black America's hard-won wealth. (The total loss of wealth for people of color due to the subprime crisis could reach $213 billion, including $92 billion for African-Americans and $98 billion for Latinos.)



Full story: news.yahoo.com
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