Series
Basic Black
Episode Number
3904
Episode
Discriminatory Lending
Producing Organization
WGBH Educational Foundation
Contributing Organization
WGBH (Boston, Massachusetts)
AAPB ID
cpb-aacip-15-40xpqhsc
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Description
Episode Description
In this episode of Basic Black, Acia Adams-Heath, board president of the Massachusetts Affordable Housing Alliance in Dorchester., Kimberly Blanton, a business reporter for the Boston Globe, and James Campen, executive director of Americans for Fairness in Lending, a Boston-based nonprofit, join host Kim McLarin in a conversation about racial discrimination in mortgage lending. What should you know before buying your first home? The US Joint Economic Committee is calling it a "crisis": millions of families across the country who are losing their homes because they are unable to pay back their subprime loans. Often given to people with an unfavorable credit history or low to moderate income, subprime loans are given at interest rates higher than "prime" due to increased risk. However, studies show that African Americans and their communities are disproportionately affected by the crisis -- sometimes even despite income.
Description
CC Master Discriminatory Lending (WT)Show #3904Tape Date: 10/30/07Broadcast Date: 11/8/07Producer Valerie LinsonLength: 26:46
Media type
Moving Image
Duration
00:28:22;02
Embed Code
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Credits
Producing Organization: WGBH Educational Foundation
AAPB Contributor Holdings
WGBH
Identifier: cpb-aacip-f1a08d2b175 (Filename)
Format: Digital Betacam
Generation: Master
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Citations
Chicago: “Basic Black; 3904; Discriminatory Lending,” WGBH, American Archive of Public Broadcasting (GBH and the Library of Congress), Boston, MA and Washington, DC, accessed April 26, 2025, http://americanarchive.org/catalog/cpb-aacip-15-40xpqhsc.
MLA: “Basic Black; 3904; Discriminatory Lending.” WGBH, American Archive of Public Broadcasting (GBH and the Library of Congress), Boston, MA and Washington, DC. Web. April 26, 2025. <http://americanarchive.org/catalog/cpb-aacip-15-40xpqhsc>.
APA: Basic Black; 3904; Discriminatory Lending. Boston, MA: WGBH, American Archive of Public Broadcasting (GBH and the Library of Congress), Boston, MA and Washington, DC. Retrieved from http://americanarchive.org/catalog/cpb-aacip-15-40xpqhsc