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High Cost of Subprime Lending Featured on KUOW

Posted by Jeff Chapman at May 12, 2009 08:20 AM |
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I was interviewed on KUOW this morning about our report "The High Cost of Subprime Lending in Washington State." The full transcript and audio are available here and the audio is also embedded below.

Among other findings, our report points out that over 40 percent of the mortgages lent to African Americans and Hispanics in 2006 were high-cost, compared to around 22 percent for non-Hispanic whites and Asians (see graph below). Even among borrowers whose incomes were twice the area median, 39 percent of African-Americans and 37 percent of Hispanics had high-cost loans.

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KIDS-COUNT-in-WA-logo-web-sm-1.jpg

The State of Washington’s Children 2012 is a broad review of how Washington’s 1.5 million kids are faring in tough times. The report is issued by KIDS COUNT in Washington, a new partnership we formed with Children’s Alliance to improve young lives in Washington. Download the report.

 

HIGHLIGHTS

Watch us on TVW

Our Executive Director Remy Trupin recently appeared on TVW to discuss the 2012 Legislative Session, revenue options, and reform.

 Remy TVW


Legislative Testimony

Policy Analyst Andy Nicholas testified on tax policy and revenue trends before a work session of the Senate Ways and Means Committee. Click below.

 Andy testimony






Listen to us on KUOW

Our Executive Director Remy Trupin was recently on "The Conversation." He discussed our proposal to tax capital gains in Washington state. Listen here.

Check out our video

We created a video for our 5th Anniversary that highlights the importance of public investments to education, healthcare, and economic security. Click below.

Video screen shot