• Latinos, Blacks Experience Highest Foreclosure Rates In California

    Comments: 0  | Leave A Comment


    The Center for Responsible Lending-a non-profit research and public policy group-released a study, this week, focused on the racial makeup of foreclosures in California. It found that Latinos have experienced notably higher foreclosure rates than non-Hispanic borrowers in the state.

    In what’s being called a “first of its kind,” the report, entitled Dreams Deferred: Impact and Characteristics of the California Foreclosure Crisis, analyzed more than half a million statewide cases of foreclosures and found that the vast majority-48%-has been on Latinos. Whites totaled 35%, African Americans 8% and Asians 6%.

    Read more at SFChronicle

    Click here to view photos:


    Blacks And Latinos Hardest Hit By Foreclosure Crisis

    Fannie Mae And Freddie Mac Suspend Foreclosures For Holidays

    Join the Conversation! Share and Discuss!

    Tags: » » »


    Leave a Comment


    Get every new post delivered to your Inbox.

    Join 450 other followers