TY - JOUR
T1 - Legal and Housing Service Providers’ Perspectives on Clients’ Experiences with Foreclosure
AU - Collins, Cyleste Cassandra
AU - DeRigne, LeaAnne
AU - Anthony, Elizabeth
AU - Rothstein, David
AU - Taylor, Debbie
PY - 2023/11/1
Y1 - 2023/11/1
N2 - Although the foreclosure crisis is considered over, some areas of the U.S. continue to suffer from high foreclosure rates. This research presents findings from in-depth interviews conducted with 18 service providers who worked with families to prevent their foreclosures in Cleveland, Ohio. The research focused on better understanding the landscape of the Cleveland foreclosure experience. Service providers provided insight into families’ experiences with the foreclosure process. The three main themes developed from the interviews included: (1) clients lacked knowledge about the mortgage process; (2) lenders exploited clients’ lack of knowledge, setting them up to fail with predatory mortgages and targeting specific groups; and (3) mortgage servicers were inflexible, inconsistent, incompetent, and lacked regard for clients, except for local servicers. The findings provide implications for housing research, policy, and practice.
AB - Although the foreclosure crisis is considered over, some areas of the U.S. continue to suffer from high foreclosure rates. This research presents findings from in-depth interviews conducted with 18 service providers who worked with families to prevent their foreclosures in Cleveland, Ohio. The research focused on better understanding the landscape of the Cleveland foreclosure experience. Service providers provided insight into families’ experiences with the foreclosure process. The three main themes developed from the interviews included: (1) clients lacked knowledge about the mortgage process; (2) lenders exploited clients’ lack of knowledge, setting them up to fail with predatory mortgages and targeting specific groups; and (3) mortgage servicers were inflexible, inconsistent, incompetent, and lacked regard for clients, except for local servicers. The findings provide implications for housing research, policy, and practice.
KW - foreclosure
KW - housing counselors
KW - interviews
KW - qualitative
UR - https://www.scopus.com/inward/record.uri?partnerID=HzOxMe3b&scp=85176780904&origin=inward
UR - https://www.scopus.com/inward/citedby.uri?partnerID=HzOxMe3b&scp=85176780904&origin=inward
U2 - 10.46743/2160-3715/2023.6005
DO - 10.46743/2160-3715/2023.6005
M3 - Article
SN - 2160-3715
VL - 28
SP - 3232
EP - 3256
JO - Qualitative Report
JF - Qualitative Report
IS - 11
ER -