Saturday, December 9, 2023

Minority Home-Owners More Likely to Face Foreclosure

Latino and Black home owners are more than 70 percent more likely to lose their homes to foreclosure than their white counterparts.  That alarming statistic was released in a new report from the Center for Responsible Lending that looked at how the home foreclosure crisis is impacting minority communities disproportionately. According to the report, a […]

Study by NCLR Examines Emotional Impact of Foreclosures

A study being released this week by the National Council of La Raza (NCLR) and the University of North Carolina at Chapel Hill reports that the stress of foreclosure can have detrimental effects on families and marriages.  The study is based on interviews with 25 Latino families in California, Florida, Georgia, Michigan, and Texas.