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Links 1 through 1 of 1 by Latoya Peterson tagged foreclosures

As Tim Wise succinctly said, "...and in the 'gee, no kidding" department for the day." ~~AP

"Findings show that such black segregation, and to a lesser extent Hispanic segregation, are powerful predictors of the number and rate of foreclosures in the United States — even after removing the effects of a variety of other market conditions such as average creditworthiness, the degree of zoning regulation, the overall rate of subprime lending, or coverage under the Community Reinvestment Act, an act passed in the 1970s to reduce redlining. Minority-dominant neighborhoods continue to be underserved by mainstream financial institutions, while predatory lenders are commonplace in such neighborhoods, the study notes."

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