New ideas for old REOs: a disposition framework for marketing REOs for rental properties
Abstract: The unprecedented accumulation of foreclosed properties in recent years has presented a challenge to communities, banks, and policymakers. This article outlines a potential disposition framework for government-sponsored and private enterprises to identify which foreclosed properties would be most appropriate for rental and which would remain most appropriate for homeownership. This disposition framework is then applied to the existing stock of foreclosed properties in Massachusetts, and the authors explore the possible utility of this analytic technique as a policy tool.
File(s): File format is text/html http://www.bostonfed.org/commdev/necd/2012/issue1/new-ideas-for-old-reos.htm
File(s): File format is application/pdf http://www.bostonfed.org/commdev/necd/2012/issue1/new-ideas-for-old-reos.pdf
Provider: Federal Reserve Bank of Boston
Part of Series: New England Community Developments
Publication Date: 2012
Pages: 9-15Order Number: 1