Neighborhood and Individual Impact of the Subprime Mortgage Crisis: A Reporter's Guide

Press Release (PDF)

The national and global economic impact of the subprime lending crisis has been front-page news for weeks. The following overview is designed to turn the focus of the subprime crisis closer to home, to the impact of these highly questionable and generally unregulated loans on individuals, families and communities. The effect of subprime lending on our local and national economies, though less obvious at first, represents the more devastating and longer-lasting consequences of the subprime crisis.