Journal Article
Containing a firestorm: adaptive policies needed to address changing foreclosure landscape
Abstract: 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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https://fraser.stlouisfed.org/title/community-reinvestment-forum-4955/containing-a-firestorm-500308
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Bibliographic Information
Provider: Federal Reserve Bank of Cleveland
Part of Series: Community Reinvestment Forum
Publication Date: 2010
Issue: Feb