Correlation Between White Males And Females

However, hope might be on the horizon for the victims of the mortgage disaster of 2007/2008. Home buyers who were foreclosed upon years ago, or boomerang buyers, are beginning to be eligible to buy homes again. While some feel hope after feeling bamboozled by lenders and Fannie Mae and Freddie Mac, some feel anxious and fearful of the thought of buying again. Yet there are lessons that have been learned by the mortgage meltdown. Fannie Mae and Freddie Mac provided a lesson for the

Race and gender are two important terms in society that define us. However, they lead to inequality among individuals. "Race is a socially defined category based on real or perceived biological differences between groups of people" (Ferris and Stein 216). It is based off our biological makeup that distinct us from others (Ferris and Stein). Many people do not know the actual term of race, how deeply rooted it is, or where it derived from, but it all works in one form. Race goes a long way from how you may appear to someone. Just because someone looks a certain race does not mean they will not have inevitably biological material from other races. It is very diverse between many different populations. Race does not identify who you are but what social category you are from. Gender is how you physically appear in society. "Gender is the physical, behavior, and personality traits that a group considers to be normal, natural, right, and good for its male and female members" (Ferris and Stein 243). It is the identity of masculine and feminine. Gender identifies who we are and it reflects deeply on a person's personality. They normally change over time from the assigned sex given at birth. Society has its way of discriminating between race and gender and it shows differences distributed among individuals.

The housing crisis of the late 2000s rocked the economy and changed the landscape of the real estate business for years to come. Decades of people purchasing houses unfordable houses and properties with lenient loans policies led to a collective housing bubble. When the banking system faltered and the economy wilted, interest rates were raised, mortgages increased, and people lost their jobs amidst the chaos. This all culminated in tens of thousands of American losing their houses to foreclosures and short sales, as they could no longer afford the mortgage payments on their homes. The United States entered a recession and homeownership no longer appeared to be a feasible goal as many questioned whether the country could continue to support a middle-class. Former home owners became renters and in some cases homeless as the American Dream was delayed with no foreseeable return. While the future of the economy looked bleak, conditions gradually improved. American citizens regained their jobs, the United States government bailed out the banking industry, and regulations were put in place to deter such events as the mortgage crash from ever taking place again. The path to homeowner ship has been forever altered, as loans in general are now more difficult to acquire and can be accompanied by a substantial down payment.

In 2008 the real estate market crashed because of the Graham-Leach-Bliley Act and Commodities Futures Modernization Act, which led to shady mortgage lending or “liar loans” (Hartman). The loans primarily approved for lower income and middle class borrowers with little income or no job income verification, which lead to many buyers purchasing homes they could not afford because everyone wants a piece of the American dream; homeownership. Because of “reckless lending to lower- and middle-income borrowers who could not afford to repay their loans many of the home buyers lost everything when the market collapsed” (Tankersley 3). Homeowners often continued to live in their houses for months or years without paying any

The article provides a broad spectrum of statistics to elucidate its point even further. The article demonstrates conspcious evidence to corroborate that minorities specifically, African American, American Indian/Alaskan Native, and Asian/Pacific Islander men and African American and American Indian/Alaskan Native women have lower five-year survival rate compared to Caucasians men

The same multivariate model was fit for women of color and non-Hispanic White women separately to see whether the predictors were the same for each subgroup. Non-Hispanic White women were significantly older than women of color participants.

The financial crisis emerged because of an excessive deregulation of business operation of financial institutions and of abusing the securitization mechanism in the absence of clearly defined rules to regulate this area in the American mortgage market (Krstić, Jemović, & Radojičić, 2013). Deregulation gives larger banks the opportunity to loosen underwriting lender guidelines and generate increase opportunity for homeownership (Kroszner & Strahan, 2013). After deregulation, banks utilized many versions of mortgage loans. Mortgage loans such as subprime and Alternative-A paper loans became available for borrowers challenged to find mortgage lenders before deregulation (Elbarouki, 2016; Palmer, 2015). The housing market has been severely affected by fluctuating interest rates and the requirement of large down payment (Follain, & Giertz, 2013). The subprime lending crisis has taken a toll on the nation’s economy since 2007. Individuals who lacked sufficient credit ratings or down payments resorted to subprime mortgages to finance their homes Defaults on subprime and other mortgages precipitated the foreclosure crisis, which contributed to the recent recession and national financial crisis (Odetunde, 2015). Subprime mortgages were appropriate for borrowers with substandard credit and Alternate-A paper loans were

Within the study, the demographics of the participants were made available, including gender, age, race and ethnicity, marital status, and educational and employment status. Special consideration and statistical analysis was conducted for those in the High

experienced 3.4 police stops in the past two years, compared to 0.7 stops for white

As the three largest cities in the United States, New York, Los Angeles, and Chicago are also epicenters of precipitous segregation. Even with the passage of federal law to curtail segregation and promote more integrated communities, conditions have only improved minimally – if at all – between 1980 and 2000.

With the trend of globalization, different people from different cultural background can interact with each other in one community. This can be reflected in UCSB. UCSB's students were known for their academic success as well as racial diversity. In 2014-2015 academic year, undergraduates racial distribution for "White is 39%; Asian/Pacific Islander Subtotal is 27%, and Black/ African American is 4%" (2014-2015 Campus Profile). Students with different cultural background came here to pursue educational success. While their races are different, most of them have one thing in common, they are here to study. We are interested to see the relation between race, gender, and study behavior. We developed our research question and tried to understand

In conclusion, to both instances for women and black Americans there are norms that are broken. There are ideas and social structures being formed in new ways. Women in college and black Americans typically fought for similar rights in similar instances. The black male gained the right to vote, women protested and gained the right to vote. Black Americans had a hard time finding work typically in the South due to the fact that they were black and discriminated against, women had a hard time as well, with finding work because of their gender. They both took different approaches to each situation differently but still endured the discriminatory and injustice acts that were being displayed. They both can consider the battles they fought during

According to the first article, Paul determined that when one feels comfortable with a lab partner they get judged by that person. Which in the outcome, affects how well they do on the task they are trying to perform (Paul 4-6). Paul also states that social factors have a big influence on the way people learn. When a person is in a class that is filled with a bunch of their friends, they are more likely to do bad in that class. One reason being that they are comfortable around those people (Paul 7-11). He also states that race and gender affect people's ability to do well in school (Paul 15-18).

With all of the incentives and mortgage products given so easily to people that couldn’t afford the high prices (including interest rates), many people defaulted on their first mortgages because they were no longer were able to receive the profit from the homes they first intended to flip. “During the first quarter of 2008, nearly 9% of all mortgage holders were delinquent or in foreclosure, the highest rate since recordkeeping began in 1979. Foreclosure filings more than

Establish Credibility: According to US News, the great American dream of owning a home appears poised for a comeback. Real estate company Trulia reports that in many parts of the country, rents are rising while housing prices are falling, making buying a home more affordable. Trulia found that in 98 out of 100 major metropolitan areas, including Detroit, Atlanta, and Cleveland, buying has become more affordable than renting.” I think the mortgage catastrophe of 2001 left prospective home buyers afraid of buying a house without being extremely certain that is the right decision.