Race, Subprime Lending and the Foreclosure Crisis

Jeffrey Crump, professor of housing studies at the University of Minnesota, analyzed the racial and spatial patterns of subprime mortgage lending and foreclosure using Twin Cities data. He traced redlining to "reverse redlining," showed maps of foreclosure concentration in North Minneapolis and the east side of St. Paul, read quotes from interviewed borrowers, and discussed the then-breaking robo-signing scandal, bankruptcy law, and policy remedies. Fall 2010 series "Deconstructing the American Dream." Colin Flint of the geography department introduced him; a long audience Q&A followed on appraisals, Canada and Europe, HUD paired testing, and local planning responses.