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Author Question: According to United for a Fair Economy, _____ lost between 163 billion and 278 billion from subprime ... (Read 117 times)

meagbuch

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on: Jul 2, 2018
According to United for a Fair Economy, _____ lost between 163 billion and 278 billion from subprime loans taken out between 1999 and 2007.
 
  a. Native Americans and poor Whites
  b. African Americans and Latinos
  c. Asian Americans and middle-class Blacks
  d. Hispanics and Asian Americans recent immigrants

Question 2

In 2005, about 20 of home loans were _____, meaning they were loans sold to low-income people who had little chance of paying their mortgages, often under predatory terms that were especially unfavorable to the unsuspecting borrowers.
 
  a. subprime
  b. triple-A rated
  c. fixed-rate
  d. refinanced


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Jayson

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Reply #1 on: Jul 2, 2018
Answer to Question 1

Answer: b. African Americans and Latinos

Answer to Question 2

Answer: a. subprime


meagbuch

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Reply #2 on: Jul 2, 2018
Thank you :)


Jayson

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Reply #3 on: Jul 2, 2018
Happy to help you


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