Banks More Likely To Let Foreclosed Homes Fall Apart In Black, Latino Neighborhoods

Banks More Likely To Let Foreclosed Homes Fall Apart In Black, Latino Neighborhoods: Foreclosed homes in predominately white neighborhoods are more likely to be maintained by the banks that own them than homes in predominately African-American and Latino communities, according to a report released by the National Fair Housing Alliance. Failure to keep up foreclosed homes can drive down home prices, lead to higher crime and vagrancy rates, [...]/p