Race, class and spatial dimensions of mortgage lending practices and residential foreclosures

The Spatial-Temporal Impact of Residential Foreclosures on Single-Family Residential Property Values

“…However, once researchers were able to examine the appropriate data, they were able to discern how the mortgage lending industry fell apart. Researchers were also able to identify some of the determinant factors of residential foreclosures as they relate to the demographic, socioeconomic, and mortgage characteristics at the individual or loan level and the neighborhood level (Cotterman 2001;Grover, Smith, and Todd 2008;Lee, Rosentraub, and Kobie 2010;Van Order and Zorn 2000).…”