Selling hope, delivering harm
Even after the housing bust, the Federal Housing Administration is marketing homeownership to families who can’t afford to repay their loans, setting up these families for failure. In a groundbreaking study of 2.4 million loans insured by FHA in 2009 and 2010, 9,000 zip codes were identified in which 1 in 7 borrowers is projected to lose their homes – and savings – to foreclosure. This site gives you the opportunity to see the repercussions of FHA's failed approach in metropolitan areas around the country. The map highlights 21 metro areas, with more to be added.
How to read the data
The problem in pictures
FHA Watch
