Investigating Seriously Delinquent Mortgages in Mexican Neighborhoods in Metropolitan Statistical Areas in the United States

• In Event: 1451 - Community and Urban Sociology Section Roundtables (1 hour)
  In Refereed Roundtable 60min: 17. Structural Inequalities

Abstract

While many scholars have extensively discussed the relatively high foreclosure rates in Hispanic/Latino neighborhoods in the United States, few have focused on the differences among neighborhoods with Mexican subgroups. This manuscript analyzes publicly available NSP 3 data from the U.S. Department of Housing and Urban Development and 2005/2009 American Community Survey (ACS) data from the U.S. Bureau of the Census. Based on descriptive statistics and Weighted Least Squares (WLS) regressions, it investigates rates of seriously delinquent mortgages in Census tracts for all Metropolitan Statistical Areas (MSAs) in the United States. Results show that neighborhoods with Mexican Census tracts had relatively high rates of seriously delinquent mortgages compared with other groups.

Author

• Katrin B. Anacker, George Mason University, Arlington, VA