Foreclosures Shown to Erode Stability of Latino Children and Families

The Foreclosure Generation: The Long-Term Impact of the Housing Crisis on Latino Children and Families
By: Janis Bowdler, Roberto Quercia, David Andrew Smith
Source: National Council of La Raza

From news release:

The Foreclosure Generation documents the experiences of families who are forced to leave their homes due to a foreclosure. Families interviewed generally had exhausted all available resources in an effort to keep their homes, were unable to secure assistance from their mortgage servicer, and often relied on relatives and friends for shelter and assistance. Marital discord, anxiety, depression, children’s poor performance in school, financial loss, and strained relationships between parents and children were among the consequences reported.

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