Which Way, L.A.?
Latinos Hit by Foreclosure Crisis
Between 2004 and 2008, Latinos received 30% of all California's home mortgages, but were subject to 48% of foreclosures. That's according to a report by a national consumer-advocate group, the Center for Responsible Lending.
By Warren Olney • • 1 min readBetween 2004 and 2008, Latinos received 30% of all California's home mortgages, but were subject to 48% of foreclosures. That's according to a report by a national consumer-advocate group, the Center for Responsible Lending. We hear from the director of CRL's California office and from the co-founder of NAHREP, the National Association of Hispanic Real Estate Professionals.
