Law Commons^™

Of Victims, Villains And Fairy Godmothers: Regnant Tales Of Predatory Lending, Carolyn Grose

carolyn grose

The subprime mortgage crisis has exposed a system of predatory and irresponsible lending on a scale we are only beginning to comprehend. Those initially harmed in this crisis – the canaries in the coal mine – were largely low-income people of color. As the crisis has unfolded, the potential solutions available to such borrowers seem to privilege one kind of legal story over all others: the story of the poor person as a victim in need of rescuing.

In order to win, therefore, lawyers who represent these clients often fall back on a default narrative about their clients as unwitting …