In a new study, the Center for Responsible Lending analyzes the demographics of the foreclosure crisis, and finds that foreclosure has disproportionately impacted black and Latino homeowners. All in all, a home owned by a black family is 76 percent more likely to go through foreclosure than a home More…
Calculated Risk has a smart analysis — with graphs! — on the first-quarter housing and rental vacancy rates released by the Census Bureau this morning. The rate of homeownership fell to 67.1 percent, its lowest level in more than a decade.
When is this ever going to end? Conservative lawmakers are seizing on ACORN’s troubles to once again go after the Community Reinvestment Act, an anti-redlining law that somehow became a scapegoat for the housing crisis last year, the AP reports.
The 1977 Community Reinvestment Act was intended to end
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