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From 2007 to 2012, nearly 5 percentage of yank adults—about ten million people—lost their houses simply because they can no longer make loan funds. the size of this domestic personal loan challenge is unprecedented—and it isn't over. foreclosure nonetheless displace extra American householders each year than at any time earlier than the twenty-first century. The dispossession and compelled displacement of yank households impacts their healthiness, academic luck, and entry to jobs. It maintains to dam any genuine restoration within the hardest-hit communities.

While we now comprehend much approximately how this predicament affected the worldwide economic climate, we nonetheless understand little or no approximately the way it affected the folk who misplaced their houses. Foreclosed America bargains the 1st consultant portrait of these people—who they're, how and the place they dwell after wasting their houses, and what they must say approximately their funds, their neighborhoods, and American politics. it's a sobering photograph of american citizens down on their good fortune, and of a drawback that's trying out American democracy.

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