- Publisher: Cambridge University Press
- Online publication date: June 2020
- Print publication year: 2020
- Online ISBN: 9781108865715
- DOI: https://doi.org/10.1017/9781108865715
Since the Great Recession of 2008, the racial wealth gap between black and white Americans has continued to widen. In Predatory Lending and the Destruction of the African-American Dream, Janis Sarra and Cheryl Wade detail the reasons for this failure by analyzing the economic exploitation of African Americans, with a focus on predatory practices in the home mortgage context. They also examine the failure of reform and litigation efforts ostensibly aimed at addressing this form of racial discrimination. This research, augmented by first-hand narratives, provides invaluable insight into the racial wealth gap by vividly illustrating the predation that targets African-American consumers and examining the intentionally obfuscating settlement terms of cases brought by the U.S. Department of Justice, states attorneys, and municipalities. The authors conclude by offering structural, systemic changes to address predatory practices. This important work should be read by anyone seeking to understand racial inequality in the United States.
Richard Delgado - University of Alabama, Tuscaloosa
Thomas W. Joo - University of California, Davis
Kellye Testy - President & CEO of the Law School Admission Council
Aaron A. Dhir - Osgoode Hall Law School, York University, Toronto
andré douglas pond cummings - University of Arkansas, Little Rock
Leonard M. Baynes - University of Houston
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