New Report Links Homeowners’ Auto Dependence With Foreclosure Risk
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Homeowners in car-dependent areas without access to alternative transportation are at greater risk of foreclosure, according to a report released yesterday by the Natural Resources Defense Council (NRDC) that calls for mortgage underwriting standards to begin taking so-called "location-efficiency" into account. Weeds spring up near a foreclosed home in Illinois. (Photo: Getty) The NRDC examined […]