Facts & Stats About:
Nearly 25% of loans in low-income neighborhoods and 20% of loans in high-minority neighborhoods have been foreclosed upon or are seriously delinquentLost Ground, 2011: Disparities in Mortgage Lending and Foreclosures
5% of adults age 55 and older change residences in a given year, compared to 17% of adults under the age of 55 more...
Hispanic homeownership is 25% below that of Caucasians more...
African American homeownership is 28% below that of Caucasians more...
9% of Millennials got first-time loans in 2011, compared to 18% in 2001 more...
Approximately 25% of all Latino and African-American borrowers have lost their home to foreclosure or are seriously delinquent, compared to just under 12% for white borrowers more...