Containing a firestorm: adaptive policies needed to address changing foreclosure landscape

Jeff Gatica, Lisa Nelson, Francisca Richter and Youngme Seo

Community Reinvestment Forum, 2010, issue Feb

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.

Keywords: Foreclosure (search for similar items in EconPapers)
Date: 2010
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