From red lines to subprimes -- understanding race and mortgage foreclosures

It's not breaking news and cutting edge analysis, but the New York Times editorial board reminded readers today that

[t]he mortgage crisis that has placed millions of Americans at risk of losing their homes has been especially devastating for black and Hispanic borrowers and their families. It seems clear at this point that minorities were more likely than whites to be steered into risky, high-priced loans — even when researchers controlled for such crucial factors as income, loan size and location.

In perfect synchronicity, via RaceWire I caught these incredibly useful resources from the Kirwan Institute at Ohio State Univ that take us behind the opinion sections and into the data about race and the mortgage crisis/financial collapse.

• Subprime Lending, Foreclosure and Race: An Introduction to the Role of Securitization in Residential Mortgage Finance (pdf)
• Subprime Lending, Mortgage Foreclosures and Race: How Far Have We Come and How Far Have We to Go? (pdf)
• A Structural Racism Lens on Subprime Foreclosures and Vacant Properties (pdf)
• Reprint: Credit, Capital and Communities: The Implications of the Changing Mortgage Banking Industry for Community Based Organizations (pdf)