Can Miami Convince The Supreme Court That Subprime Loans Hurt Cities, Too?

Can Miami Convince The Supreme Court That Subprime Loans Hurt Cities, Too?

Within the aftermath associated with housing crisis of 2008, big banking institutions such as for instance Wells Fargo shelled away vast sums of bucks to black colored and Latino borrowers whom stated these were steered into higher-risk, higher-fee loans than were white borrowers who introduced the same credit danger. However these specific property owners weren’t really the only people impacted by the foreclosures that left whole communities saturated in empty, boarded-up houses. Continue reading Can Miami Convince The Supreme Court That Subprime Loans Hurt Cities, Too?