posted
Nov 20, 2009 by REI News
As of the end of September one-quarter of the mortgages in Florida were at least one payment past due or in foreclosure.As of the end of September one-quarter of the mortgages in Florida were at least one payment past due or in foreclosure.
Troubled homeowners who receive housing counseling are 60 percent more likely to avoid foreclosure and have their mortgage payments lowered significantly.Troubled homeowners who receive housing counseling are 60 percent more likely to avoid foreclosure and have their mortgage payments lowered significantly.
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.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.
Related Stories
