Mulling over the names on the latest notice of default lists, and it seems to me that there is a disproportionate number of Hispanics appearing- on this list and past lists.
Mendoza, Garcia, Santos, Amaya, Gapuz, Gunzon, Fuentes, Saldana, Lopez, Ramirez, Suratos, Sanchez, Meraz, Guerra, Rodriguez, Gomez, Perez.
Well, they don't all have to be Hispanic, but Jesus, Angel, Maria, Rigoberto, Romeo, Santos as surnames sure seem to point that way.
From what I review every week, I believe that the foreclosure crisis is disproportionately hitting Hispanics.
It's my experience that Hispanics in particular are victims of predatory lending practices, way out of proportion to their percentage of population.
I haven't seen any actual breakouts of subprime loans by ethnic groups, but I would not be shocked to discover that Hispanics make up a larger percentage than they ought.
No one should be put in the position of where they lose their home because of someone else's greed. No one.
Wednesday, May 14, 2008
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