It appears that those lawsuits were routinely dismissed.
As for mortgages-if you check the graphs, the worst foreclosure rates are in the upper middle class to upper class areas. Stockton CA is #1 in the nation for foreclosures. I can't see low income borrowers buying houses in those areas.
Thanks for the response.
It appears that those lawsuits were routinely dismissed.
Really? Source?
As for mortgages-if you check the graphs, the worst foreclosure rates are in the upper middle class to upper class areas. Stockton CA is #1 in the nation for foreclosures. I can't see low income borrowers buying houses in those areas.
Stockton has a large minority(now majority) population. Like any metro area, there are upper income areas and lower income areas in it.
If you're basing your opinion that most foreclosures are not in poorer neighborhoods because Stcokton Metro appears on a foreclosure list than I can't come to the same conclusion.
Thanks for the response.
Thanks for raising the question.