Higher rates of foreclosure follow black homeowners into white areas
Even in predominantly white areas, black homeowners are more likely to face a foreclosure than their white neighbors, according to research at The University of Alabama.
Even in predominantly white areas, black homeowners are more likely to face a foreclosure than their white neighbors, according to research at The University of Alabama.
Places with more diversity in types of housing are more stable and can weather a housing crisis better, say University of Illinois researchers.
In times of economic difficulties, having to pay a child through college could be a major reason for a family to lose their home. This is according to two US researchers, Jacob Faber of New York University and Peter Rich ...
Community-based service professionals think that helping clients navigate a financial crisis—such as foreclosure—is a good idea.
Contrary to popular belief, foreclosed properties do not always lead to unkempt lawns. University of Illinois researchers used remote sensing technology to observe rapid change in U.S. urban settings, specifically homes in ...
Some 9 million American families lost their homes to foreclosure during the late 2000s housing bust, driving many to economic ruin and in search of new residences.
The causes of the foreclosure crisis seem obvious: Buyers purchased homes they couldn't afford, lured in part by lenders pushing subprime mortgages. Real estate values escalated, and when the bubble burst, buyers were left ...
California neighborhoods reeling from record foreclosures also experienced lower levels of voter turnout in the 2008 presidential election, according to researchers at the University of California, Riverside.
The housing foreclosure crisis has been blamed for widespread economic and social problems in the United States, including reduced property values, depressed consumer spending and a decline in government services. Some observers ...
(AP) -- A criminal investigation into mortgage swindlers who lured their victims with deceptive online ads is widening.