Report Estimates 8 Million Children Hurt by Foreclosures

One in 10 U.S. children has been or will be affected by the nation's surge in foreclosures, a new report says.

 

Five years into the foreclosure crisis, an estimated 2.3 million children have lived in homes lost to foreclosure, according to a report from First Focus, a Washington, D.C-based bipartisan advocacy group focused on families.

 

Another 3 million children live in homes at risk of foreclosure because home loans are in the foreclosure process or are seriously delinquent. And 3 million children lived or live in rental homes lost to foreclosure or at risk, the report says.

 

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