The Relationship between Residential Foreclosures, Race, Ethnicity, and Nativity Status

Existing research indicates that minority homeowners are more likely to experience a foreclosure than a white borrower, but despite the importance of immigrants to the owner-occupied housing market, no research has examined the relationship between nativity status and foreclosure. Using a unique data set and binomial logistic regression models, this article examines the relationship between race, ethnicity, nativity status, and foreclosure for a sample of households in Minneapolis, Minnesota. Research results indicate that the relationship between nativity status and foreclosure differs by the race and ethnicity of the household and whether the mortgage was refinanced or for a home purchase.