Addressing the Impact of the Foreclosure Crisis: Federal Reserve Mortgage Outreach and Research Efforts

Addressing the Impact of the Foreclosure Crisis: Federal Reserve Mortgage Outreach and Research Efforts PDF Author:
Publisher: DIANE Publishing
ISBN: 1437941966
Category : Foreclosure
Languages : en
Pages : 27

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Book Description
This publication highlights MORE-sponsored projects designed to communicate best practices and information about innovative programs to improve conditions in neighborhoods affected by high rates of foreclosure. It also reviews initiatives undertaken by the various Reserve Banks and the Board of Governors to respond to the foreclosure crisis.

Addressing the Impact of the Foreclosure Crisis: Federal Reserve Mortgage Outreach and Research Efforts

Addressing the Impact of the Foreclosure Crisis: Federal Reserve Mortgage Outreach and Research Efforts PDF Author:
Publisher: DIANE Publishing
ISBN: 1437941966
Category : Foreclosure
Languages : en
Pages : 27

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Book Description
This publication highlights MORE-sponsored projects designed to communicate best practices and information about innovative programs to improve conditions in neighborhoods affected by high rates of foreclosure. It also reviews initiatives undertaken by the various Reserve Banks and the Board of Governors to respond to the foreclosure crisis.

Housing Shock

Housing Shock PDF Author: Hearne, Rory
Publisher: Policy Press
ISBN: 1447353935
Category : Political Science
Languages : en
Pages : 302

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Book Description
The unprecedented housing and homelessness crisis in Ireland is having profound impacts on Generation Rent, the wellbeing of children, worsening wider inequality and threatening the economy. Hearne contextualises the Irish housing crisis within the broader global housing situation by examining the origins of the crisis in terms of austerity, marketisation and the new era of financialisation, where global investors are making housing unaffordable and turning it into an asset for the wealthy. He brings to the fore the perspectives of those most affected, new housing activists and protesters whilst providing innovative global solutions for a new vision for affordable, sustainable homes for all.

The Financial Crisis Inquiry Report

The Financial Crisis Inquiry Report PDF Author: Financial Crisis Inquiry Commission
Publisher: Cosimo, Inc.
ISBN: 1616405414
Category : Political Science
Languages : en
Pages : 692

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Book Description
The Financial Crisis Inquiry Report, published by the U.S. Government and the Financial Crisis Inquiry Commission in early 2011, is the official government report on the United States financial collapse and the review of major financial institutions that bankrupted and failed, or would have without help from the government. The commission and the report were implemented after Congress passed an act in 2009 to review and prevent fraudulent activity. The report details, among other things, the periods before, during, and after the crisis, what led up to it, and analyses of subprime mortgage lending, credit expansion and banking policies, the collapse of companies like Fannie Mae and Freddie Mac, and the federal bailouts of Lehman and AIG. It also discusses the aftermath of the fallout and our current state. This report should be of interest to anyone concerned about the financial situation in the U.S. and around the world.THE FINANCIAL CRISIS INQUIRY COMMISSION is an independent, bi-partisan, government-appointed panel of 10 people that was created to "examine the causes, domestic and global, of the current financial and economic crisis in the United States." It was established as part of the Fraud Enforcement and Recovery Act of 2009. The commission consisted of private citizens with expertise in economics and finance, banking, housing, market regulation, and consumer protection. They examined and reported on "the collapse of major financial institutions that failed or would have failed if not for exceptional assistance from the government."News Dissector DANNY SCHECHTER is a journalist, blogger and filmmaker. He has been reporting on economic crises since the 1980's when he was with ABC News. His film In Debt We Trust warned of the economic meltdown in 2006. He has since written three books on the subject including Plunder: Investigating Our Economic Calamity (Cosimo Books, 2008), and The Crime Of Our Time: Why Wall Street Is Not Too Big to Jail (Disinfo Books, 2011), a companion to his latest film Plunder The Crime Of Our Time. He can be reached online at www.newsdissector.com.

The Effects of the Foreclosure Crisis on Neighborhoods in California's Central Valley

The Effects of the Foreclosure Crisis on Neighborhoods in California's Central Valley PDF Author: United States. Congress. House. Committee on Financial Services
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 140

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Book Description


Solving the Affordable Housing Crisis in the Gulf Coast Region Post-Katrina, Part I, Serial No. 110-5, February 22, 2007, 110-1 Field Hearing, *

Solving the Affordable Housing Crisis in the Gulf Coast Region Post-Katrina, Part I, Serial No. 110-5, February 22, 2007, 110-1 Field Hearing, * PDF Author:
Publisher:
ISBN:
Category :
Languages : en
Pages : 200

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Book Description


Solving the Affordable Housing Crisis in the Gulf Coast Region Post-Katrina

Solving the Affordable Housing Crisis in the Gulf Coast Region Post-Katrina PDF Author: United States. Congress. House. Committee on Financial Services. Subcommittee on Housing and Community Opportunity
Publisher:
ISBN:
Category : Low-income housing
Languages : en
Pages : 200

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Book Description


Resolving Residential Mortgage Distress

Resolving Residential Mortgage Distress PDF Author: Mr.Jochen R. Andritzky
Publisher: International Monetary Fund
ISBN: 1498322344
Category : Business & Economics
Languages : en
Pages : 37

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Book Description
In housing crises, high mortgage debt can feed a vicious circle of falling housing prices and declining consumption and incomes, leading to higher mortgage defaults and deeper recessions. In such situations, resolution policies may need to be adapted to help contain negative feedback loops while minimizing overall loan losses and moral hazard. Drawing on recent experiences from Iceland, Ireland, Spain, and the United States, this paper discusses how economic trade-offs affecting mortgage resolution differ in crises. Depending on country circumstances, the economic benefits of temporary forbearance and loan modifications for struggling households could outweigh their costs.

Solving the affordable housing crisis in the Gulf Coast region postKatrina : field hearing

Solving the affordable housing crisis in the Gulf Coast region postKatrina : field hearing PDF Author:
Publisher: DIANE Publishing
ISBN: 9781422323816
Category :
Languages : en
Pages : 200

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Book Description


Reducing Foreclosures

Reducing Foreclosures PDF Author: Christopher Foote
Publisher: DIANE Publishing
ISBN: 1437928773
Category : Law
Languages : en
Pages : 53

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Book Description
Takes a skeptical look at a leading argument about what is causing the foreclosure crisis and what should be done to stop it. The authors focus on two key decisions: the borrower's choice to default on a mortgage and the lender's subsequent choice whether to renegotiate or modify the loan. Unaffordable loans, defined as those with high mortgage payments relative to income at origination, are unlikely to be the main reason that borrowers decide to default. The efficiency of foreclosure for investors is a more plausible explanation for the low number of modifications to date. Policies designed to reduce foreclosures should focus on ameliorating the effects of job loss rather than modifying loans to make them more affordable on a long-term basis. Illustrations.

Federal Housing Administration's Role in Addressing the Housing Crisis

Federal Housing Administration's Role in Addressing the Housing Crisis PDF Author: United States. Congress. Senate. Committee on Appropriations. Subcommittee on Transportation and Housing and Urban Development, and Related Agencies
Publisher:
ISBN:
Category : Government publications
Languages : en
Pages : 56

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Book Description