Containing a firestorm: adaptive policies needed to address changing foreclosure landscape

Like a wildfire leaving devastation in its path, the foreclosure crisis continues to wreak havoc on many families and communities throughout the Fourth District, especially in the largest urban areas. Only a year ago the primary reason for foreclosures centered on subprime mortgages. Today, the primary driver is unemployment, further widening the consumption arc of this blaze.

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Year of publication:	2010
Authors:	Gatica, Jeff ; Nelson, Lisa ; Richter, Francisca ; Seo, Youngme
Published in:	Community Reinvestment Forum. - Federal Reserve Bank of Cleveland. - 2010, Feb
Publisher:	Federal Reserve Bank of Cleveland
Subject:	Foreclosure

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Extent:	application/pdf
Type of publication:	Article
Language:	English
Source:	RePEc - Research Papers in Economics

Persistent link: https://ebvufind01.dmz1.zbw.eu/10008616981