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Study: Medical Disability Drives More Foreclosures Than Subprime Lending

Jul 24, 2007By

A study released recently by ProjectHOPE is attempting to call attention to how medical disability drives foreclosures — claiming medical problems are a more likely cause of foreclosure than (predatory) subprime lending: While news that nearly 20% of subprime borrowers are behind on their mortgage payments, the real threat to working class security is disability due to illness or injury.

3d rendering of a row of luxury townhouses along a street

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