African Americans & Latinos Twice as Likely to Foreclosure as Whites
The Center for Responsible Lending released a study today that documents a trend in American foreclosures that is startling, yet not surprising. The study, “Lost Ground, 2011: Disparities in Mortgage Lending and Foreclosures,” co-authored with the Center for Community Capital at the University of North Carolina, Chapel Hill, presents data in support of the claim [...]