It is mostly the Afro-Americans who are turned down when they apply for a house loan because of their tarnished credit history. But the feeling in them as in all others to own a hearth and home is very strong. This leads them to fall prey to sub-prime real estate dealers who let them have [...]

New research shows that national foreclosure rates are still rising. Foreclosures are up 38% this year, higher than any other quarter in 2005. One of the areas hit hardest by this trend is the mid-west, where automotive industry layoffs are attributed with rendering people unable to make their mortgage payments. Ohio has seen a rate [...]