TheNewYorker
Rookie
- Dec 10, 2012
- 3
- 0
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A while back a few people told me that the majority of customers who purchased mortgage backed securities to buy homes were minorities.
I responded by saying that the race of the buyers didn't matter and that the financial crises would of happened regardless of who bought them.
I've tried researching this online but cannot find any info. Does anyone know if this is true that most of the buyers were racial minorities?
I responded by saying that the race of the buyers didn't matter and that the financial crises would of happened regardless of who bought them.
I've tried researching this online but cannot find any info. Does anyone know if this is true that most of the buyers were racial minorities?