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To: combat_boots
I have seen the same number. Hispanics equal about 13% of the US population but 40% of the foreclosures.
11 posted on 02/23/2009 4:22:53 PM PST by mad_as_he$$ (Chevron 7 will not engage!)
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To: mad_as_he$$; combat_boots
Hispanics equal about 13% of the US population but 40% of the foreclosures.

That doesn't make the 40% all illegals. Many "hispanics" are citizens. However, the overall number makes sense, since the lenders were being pushed specifically to give loans to unqualified *minorities,* not white people.

18 posted on 02/23/2009 4:27:14 PM PST by Tax-chick ("Global leadership means never having to say you're sorry." ~IBD)
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To: mad_as_he$$

40+% in CA, 29% in AZ, 39% in NV, I think, and I don’t remember the other figures that Rush quoted in today’s story about this. 5 states have the lion’s share of foreclosures: AZ, CA, NV, MI, and FL.

The national average on foreclosures is right at 4%.


55 posted on 02/23/2009 10:18:23 PM PST by HiJinx (~ Support Our Troops ~ www.AmericaSupportsYou.mil ~)
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