Foreclosure

Communities of Color Face Unexpected Foe in Foreclosure Prevention

Communities of Color Face Unexpected Foe in Foreclosure Prevention

By Rachel Goodman, Staff Attorney, ACLU Racial Justice Program at 11:09am
Millions of Americans are still suffering the effects of the subprime mortgage meltdown. More than four million homeowners have been foreclosed upon already, and nearly 11 million are "underwater," that is, they owe more on their mortgages than their homes are worth. But it's not just these 15 million who are suffering, that number is much larger if you count the children who live in those homes.
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