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Home > Our Issues > Mortgage Lending > Subprime Crisis >  Families in Crisis: Facing the Subprime Disaster

Families in Crisis: Facing the Subprime Disaster (11:17)

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What is the impact of subprime foreclosures? Have subprime loans really added to homeownership? Who's getting hurt the most?

CRL joined forces with the National Association of Realtors® to record perspectives on these issues and more. Watch our video to hear comments from the Leadership Conference on Civil Rights, AARP, an expert on lending in Latino communities, and a Republican state senator who believes lax lending rules led to the current crisis. We also feature eye-opening comments from a former mortgage broker and two families who have lost their homes because of abusive subprime loans.

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FOCUS ON

Subprime Spillover

Lost Home Equity

See the Effect of Foreclosure on Home Values and Tax Bases
by State & Local Market.

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