Subprime Cities

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Subprime Cities: The Political Economy of Mortgage Markets presents a collection of works from social scientists that offer insights into mortgage markets and t

Subprime Cities

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Subprime Cities: The Political Economy of Mortgage Markets presents a collection of works from social scientists that offer insights into mortgage markets and t

Subprime Mortgage Lending in New York City

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Subprime mortgage lending expanded in New York City between 2004 and mid-2007, and delinquencies on these subprime loans have been rising sharply. The authors d

Subprime Mortgages

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Over the past decade, a new mortgage market offering loans at low interest rates and for little or no money down has given low-income people an opportunity to p

Do Subprime Loans Create Subprime Cities? Surging Inequality and the Rise in Predatory Lending

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The rise in subprime and predatory lending has put many families and neighborhoods in financial jeopardy as default and foreclosure rates skyrocket, particularl