An analysis by NYU's Furman Center for Real Estate and Urban Policy of New York City foreclosure filings in 2007 reveals that 15,000 households containing as many as 38,000 renters may face eviction due to foreclosure on the building in which they live, while another 15,000 households that are owned rather than rented also filed for foreclosure. Vicki Been, Furman Center director, points out that discussion of the mortgage crisis has focused on owners, but renters, too, are at risk. Been was also quoted in the New York Times on the topic.
Read the report from the Furman Center for Real Estate and Urban Policy
Read the New York Times article
Listen to an interview with Vicki Been on Bloomberg Radio
