The document discusses how minorities were disproportionately impacted by the recession and housing crisis. It provides statistics showing that minorities experienced foreclosures at twice the rate of white Americans from 2007 to 2009. The recession left many minorities with higher debt levels relative to their assets compared to white families. The document also outlines various relief programs established to help struggling homeowners, but notes minorities remain at greater risk for the effects of the next economic downturn due to ongoing financial inequities.