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foreclosure and blacks

Foreclosures Hitting Blacks and Hispanics Hard

by Moe Bedard

Black and Latinos are at a disproportionate risk in the ongoing foreclosure crisis because they are more likely than whites to have higher-cost mortgage loans and face higher unemployment rates, a report says.
The report from the William C. Velasquez Institute called on the federal government to take steps, including reforming bankruptcy laws and expanding eligibility [...]

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