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40% homebuyers in state sub-prime.

Publication: Mississippi Business Journal
Publication Date: 25-JUN-07
Format: Online
Delivery: Immediate Online Access
Full Article Title: 40% homebuyers in state sub-prime.(Strictly Business)

Article Excerpt
JACKSON -- Almost 40% of all homebuyers in Mississippi receive mortgages from sub-prime lenders, a rate higher than in any other state. Additionally, homebuyers buying in predominantly African American communities are more likely to receive a sub-prime mortgage, a new study shows.

An analysis by the Mississippi Economic Policy...

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