The Champlain Valley Office of Economic Opportunity (CVOEO) Fair Housing Project and VHFA have published a short report titled "Sub-Prime Lending in Vermont."
"Though sub-prime lending in Vermont has not reached the historic highs that have brought many communities across the nation to their knees," the report states, "our small, rural state is experiencing a rise in foreclosures and was not immune to sub-prime lending during the mortgage bubble of the past few years."
The report was written by CVOEO's Bekah Mandell, with research and analysis by VHFA Research Analyst Leslie Black-Plumeau.
Read the full report (104 KB; PDF).