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Loan Modification

: The Truth About Mortgage.com

Nearly Half of California Foreclosures on Latino Borrowers

By scot184

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Latino and African American borrowers have experienced significantly higher foreclosure rates than non-Hispanic borrowers in California, according to a study released today by the Center for Responsible Lending. In fact, 48 percent of foreclosures in the state are tied to Latino borrowers, while another eight percent have been on African Americans. These borrowers have experienced foreclosure rates [...]

Full post as published by The Truth About Mortgage.com on August 17, 2010 (boomark / email).

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