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Foreclosures in California hit Latino homes hardest – Latino households suffered nearly 50% of the foreclosures – loan defaults are concentrated in the state’s Central Valley – “The data shows that high-cost loans correlate with foreclosures and that there was a big presence of subprime lending to the (Latino) demographic and in areas where there are concentrations of Latinos.” From: sfgate.com
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Tagged: California, foreclosure
Posted on:
August 18th, 2010
Curation from Tomás
Filed Under: Banking, Business, Business Essentials, Business News, Essentials, Financial, Power Essentials, Real Estate, Top Stories
Curation from Tomás
Filed Under: Banking, Business, Business Essentials, Business News, Essentials, Financial, Power Essentials, Real Estate, Top Stories
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