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Author: Shelton, Alison A First Look at Older Americans and the Mortgage Crisis "Homeowners age 50 and over have been significantly affected by the mortgage crisis, according to this first-ever analysis of data on the mortgage crisis by age. More than 684,000 homeowners age 50 and over were delinquent, were in foreclosure, or lost their homes during the six months ending December 2007." Read the full September 2008 report, which includes key findings, graphs and charts, and data sources. From AARP Public Policy Institute. http://www.aarp.org/research/ppi/cons-prot/fin-svcs/articles/i9_mortgage.html Topics: Housing, Seniors Last updated Oct 15, 2009 |
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