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Federal Reserve Bank of Chicago
Chicago Fed Letter
Have Borrowers Recovered from Foreclosures during the Great Recession?
Sharada Dharmasankar
Bhashkar Mazumder
Abstract

This article examines the current financial health of individuals who experienced a home mortgage foreclosure during the Great Recession and assesses the degree to which they have recovered relative to those who lost their homes before the downturn.


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Sharada Dharmasankar & Bhashkar Mazumder, "Have Borrowers Recovered from Foreclosures during the Great Recession?" , Federal Reserve Bank of Chicago, Chicago Fed Letter, number 370, 2016.
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Keywords: Foreclosure; mortgage delinquency; recession
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