mortgages

COMMENTARY

Homeowners of color being hit harder during the pandemic as history repeats itself | Opinion

BY: - July 27, 2020

By Michael Froehlich The 2008 mortgage foreclosure crisis was brutal. That year, over 800,000 homeowners nationwide lost┬átheir homes, and in Philadelphia, where I work as a legal aid lawyer, banks were filing lawsuits to foreclose on 120 households every week. But the foreclosure crisis a decade ago did not affect everyone equally. The Black and […]