Monday, June 21, 2010

Foreclosure Race and Ethnicity Report.

Have not read this new Center for Responsible Lending report HERE yet.

Summary says:
  • An estimated 2.5 million foreclosures were completed from 2007 – 2009, and an estimated 5.7 additional ones are imminent.
  • An estimated 17% of Latino homeowners and 11% of African-American homeowners have already lost their home to foreclosure or are now at imminent risk.
  • The great majority of homes lost were owner occupied, as are those at imminent risk of being lost.
Originally created and posted on the Oregon Housing Blog.

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