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Released: April 05, 2012
Racial discrepancies in upkeep of foreclosed properties
Source: Brady Dennis, Washington Post (Free Registration)
Banks and lenders have maintained and marketed foreclosed properties far better in white neighborhoods than in minority neighborhoods, according to a report released Wednesday by the National Fair Housing Alliance. Investigators for the group evaluated more than 1,000 foreclosed properties in nine metro areas around the country — Atlanta; Baltimore; Dallas; Dayton, Ohio; Miami/Fort Lauderdale; Oakland, Calif.; Philadelphia; Phoenix; and Washington.Read Full Article: Racial discrepancies in upkeep of foreclosed properties
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