Journal Article
Examining the rising foreclosure rate
Abstract: We examine the foreclosure rate in the U.S. economy and outline factors that may be contributing to its rise. We also investigate the behavior of foreclosure rates in New York State and six of its major metropolitan areas. Particular attention is given to Buffalo, where foreclosures increased fourfold in the 1990s.
Keywords: Mortgage loans - New York (State); Home ownership - New York (State); Federal Reserve District, 2nd;
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File(s): File format is application/pdf https://www.newyorkfed.org/medialibrary/media/research/regional_economy/spring2003.pdf
Authors
Bibliographic Information
Provider: Federal Reserve Bank of New York
Part of Series: The Regional Economy of Upstate New York
Publication Date: 2003
Issue: Spr