Photo by Nelson Mejia Jr. on Flickr
March 24, 2022
New report finds neighborhoods in the Bronx lead the city in missed mortgage payments
Two years after the start of the coronavirus pandemic, Bronx neighborhoods are leading the city in mortgage delinquency rates, according to a new analysis by the Center for NYC Neighborhoods. Plus, the city's majority Black neighborhoods were most at risk for foreclosures, with these ZIP codes having an average of 8.48 percent of homeowners who had failed to make their mortgage payment for more than 30 days, as first reported by The City.
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