Foreclosure filings ramp up, especially in minority neighborhoods

Farrah Lafontant hesitates to call herself a landlord. At least, she said, not a “corporate landlord.” Growing up in Brooklyn, she had heard East New York was one of those neighborhoods you avoid. But upon working there, she grew to appreciate the tight-knit community and later purchased a two-family home on a $36,000 salary through a now-defunct city program. The $1,300 a month from her rental unit made it possible. Within a few years, however,

source https://therealdeal.com/2020/10/29/foreclosure-filings-ramp-up-especially-in-minority-neighborhoods/