September 9, 2016

http://www.nydailynews.com/new-york/queens/pols-blame-hud-leaving-black-homeowners-open-foreclosure-article-1.2783899 BY Jennifer Fermino A Department of Housing and Urban Development mortgage program that’s supposed to help struggling homeowners is actually leaving many of them vulnerable to foreclosure — particularly African Americans, advocates and politicians said Thursday. Many of the homeowners in danger live in southeast Queens, a bastion of black home ownership for generations. …

NYPost: Pols blame HUD for leaving African-American homeowners defenseless to foreclosure Read More »

Homeownership Rate for the “Foreclosure Generation” Those born in the 1970s have fallen from having a 4 percent higher than normal homeownership rate in 2004 to a 7 percent lower than normal homeownership rate today, according to a report from John Burns, CEO of John Burns Real Estate Consulting. Burns states that the housing crisis …

The Silent Boycott: Homeownership Rates for the Foreclosure Generation Read More »