A case study of social movement or collective action event by ethnic Essay

A case study of social movement or collective action event by ethnic group(s) - Essay ExampleDiscussions of distinction can grow the blood pressure of even the most neutral person. On the one hand, there ar those who securely claim there is no such thing as discrimination in the mortgage manufacturing everyone is an equal opportunity housing lender, after all it says so right on the application. On the separate hand, there are those who seduce examined the issue with as much neutrality as possible and suck up arrived universally at one conclusion all things being equal (such as similar assurance reports, income, and down payments) African Americans are the victims of predatory, abusive, and discriminatory mortgages at a sickening rate. Just a affectionate glance at a few numbersIn 1993, approximately 100,000 subprime loans were originated. In 2001, more than a million subprime loans were originated. In 2008, more than 65 percent of subprime loans were refinances, not direct purchase (ACORN.org).Racial discrimination is often hidden and it certainly can be inadvertent. This does not excuse banks and mortgage brokers accused of discrimination. tercet major organizations address this as a part of their foundation missions, and steps have been taken to right the problem, such as neutral research, education, and collective action. Before we can understand what organizations and the collective actions of individuals do to fall upon the problem of discriminatory lending, we must define what we mean by predatory and abusive mortgage loans. erstwhile we have created a broad definition of discriminatory lending, we must seek to understand how the African American community can fall victim to such practices on a broad level by a culture of overt and inadvertent discrimination. The major leaders and organizations involved in exposing the problem have a multi-pronged approach to the problem, and institutional recognition of the problem lends strength to indiv idual collective action. Finally, there are several effective