Housing bust hit blacks, Latinos hardest

Their homes are gone, their credit is shot and their rent is often more expensive than a mortgage payment.

Kali Cuffee and children, from bottom, Cyrus, 3, Grace, 7, Faith, 10, and De’Maurier, 18, sit outside their south Sacramento apartment. The family used to live in a nearby four-bedroom home Cuffee bought in 2003. But the recession hit both her hairstyling business and the home’s value. And the bank took it back. “I have faith that one day I’ll be able to put my children back in a home again,” she said. …read more