Renters in Foreclosure: Defining the Problem, Identifying Solutions
Inappropriate lending, a poor economy and falling home prices are leading to increasing numbers of foreclosures across the United States. These trends affect landlords as well as homeowners, and renters lose their homes to foreclosure every day when the owner of the home they are renting goes into foreclosure. Based on a review of existing sources and its own data collection and analysis, NLIHC has defined the extent of the problems renters face nationwide and drawn six distinct and policy-relevant findings. These findings are presented and discussed in this report.
Danilo Pelletiere, Ph.D.
National Low Income Housing Coalition
January 2009