In the wake of the U.S. foreclosure crisis, the magnitude of homes flowing into investor ownership since 2007 has been unprecedented. Based on interviews with investors and other key informants active on the south and southwest sides of Atlanta, we describe the key aspects of the business models...

<title>Abstract</title> Banks and thrifts are major actors in the affordable housing and community development arenas. They are often relied on to invest in low‐income housing tax credits and other projects as well as provide operating support. Banks and thrifts are explicitly encouraged to invest in such...

A key concern among policymakers and community developers in recent years has been the extent to which lender-owned homes, often called real estate owned or “REO” properties, accumulate in different local housing markets during the mortgage crisis. This paper describes the accumulation of...

The primary federal policy responses to the foreclosure crisis, thus far, include programs to reduce foreclosures and efforts to mitigate the impacts of foreclosures on communities. This paper reviews policy responses between 2007 and 2012. While there is less information at this point on the...