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.
Feb 07, 2019
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Communities with less variety in housing types have higher foreclosure rates, say researchers
Places with more diversity in types of housing are more stable and can weather a housing crisis better, say University of Illinois researchers.
Families with college kids more likely to lose their home during recessions
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 ...
Study suggests social workers could help families navigate foreclosure, protect the American Dream
Community-based service professionals think that helping clients navigate a financial crisis—such as foreclosure—is a good idea.
Technology offers a bird's-eye view on how foreclosure affects the landscape
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 ...
Home foreclosures fueled racial segregation in US
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.
Zoning restrictions also a key factor in foreclosure crisis, scholar says
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 ...
Foreclosures impact California voter turnout
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.
Foreclosure crisis and metropolitan crime rates
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 ...
Criminal probe into online mortgage scams widens
(AP) -- A criminal investigation into mortgage swindlers who lured their victims with deceptive online ads is widening.
