In the Belair-Edison neighborhood of Baltimore, more than half of the foreclosures on homes have been owned by women, says the Reinvestment Fund, a non-profit community development organization. Subprime mortgages, which are fueling the current foreclosure rate, have gone mostly to women.
Single women, many with children, are one of the fastest-growing homeowner groups in recent years, and women accounted for 40 percent of home buyers in Baltimore in 2006. Nearly half of these mortgages were subprime. The Consumer Federation of America found that women were 32 percent more likely than men to receive subprime loans. While these loans make up only 13 percent of existing home loans, they make up 55 percent of foreclosures, according to the Mortgage Bankers Association.
The Reinvestment Fund is still working hard at helping out low-income families in Baltimore find funding for housing and small businesses. Interested in finding out what you can do to help invest in these communities? Click here to take action: 


