2007 Foreclosure Crisis Still Negatively Impacting Black and Hispanic Communities
According to a new Zillow analysis and data, millions of homeowners across the country lost their homes in the 2007 to 2015 foreclosure crisis, missing out on the opportunity to regain and grow their net wealth as the housing market recovered. But in black and Hispanic communities the foreclosure crisis hit especially hard, and foreclosed homes in those areas have yet to fully recover.