Lenders often end up owning places they foreclose on. Understanding where such real estate owned (REO) properties cluster may help communities to target stabilization funds better.

A map showing ZIP code level median Fair Isaac Corporation (FICO) credit scores at mortgage origination for those borrowers who are delinquent 60 days or more as of April 2010.

The costs of foreclosure often spill over from foreclosed properties to other nearby properties. This short paper reviews some of the research on foreclosure's price-depressing impact on sales of nearby properties, only one of several forms of spillover effects. The studies reviewed here focus...

A house is not just a physical shelter, but also a stitch in the fabric of society, integrating its residents into the life of the larger community. That is why foreclosures may hurt neighborhoods as much as they hurt those who lose their homes. Foreclosures may negatively impact a community...

Two maps show where many of the holders of troubled mortgages who attended the first foreclosure prevention workshop of the Federal Reserve Bank of Boston came from.