The 2006 Rutgers Bloustein Community Development Studio worked with the New Jersey Institute for Social Justice, an advocacy and research organization in Newark. The Institute was concerned about rising foreclosure rates and predatory lending in communities throughout New Jersey. To learn more about foreclosure and how it affects communities, the studio considered:
- How substantial is the foreclosure problem and who does it affect the most?
- Is there a relationship between subprime lending and foreclosures?
- Is there a relationship between nontraditional mortgages and foreclosures?
- Why does foreclosure happen?
- What policies will best help borrowers in low-income and minority markets avoid foreclosure?