The object of this study is twofold: One of the objectives is to analyze predatory lending practices as a result of the subprime market crisis and the effects it posed to African Americans wealth accumulation. And the second objective is to explore how the cooperative structure and principles examined through a case study analysis and analyzed within a soci-economic black political economy framework, has the capacity to be transformative in alleviating correlates caused by economic discrimination and economic disenfranchisement experienced by African Americans.