Foreclosures Spike in United States - Latinos Impacted

Foreclosures Spike in United States - Latinos Impacted
News
Monday, June 25, 2012 - 7:32am

Foreclosure filings in the United States have spiked 9% in may after a four month decline and Latinos are among the hardest-hit by bank repossessions.

Hispanics face a foreclosure rate of nearly 12% which is significantly higher than the 9% among African Americans and the 5% rate among Whites.

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