royersford

… credit and a minority. The majority of blacks who took out purchase mortgages in 2005 got high-cost subprime loans , compared with around 17 percent of whites, according to Federal Reserve data. And minority homeowners are bearing the brunt of the foreclosure crisis. … But this time, there will be a better chance to make it a permanent home. “I feel like in a year or so, I’ll repair my credit and get back out there and get another home for me and my girls,” she says. …