Report to Congress on the Root Causes of the Foreclosure Crisis

Author:   U S Dept of Housing and Urban Developme
Publisher:   Bibliogov
ISBN:  

9781288915033


Pages:   86
Publication Date:   01 March 2013
Format:   Paperback
Availability:   In stock   Availability explained
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Report to Congress on the Root Causes of the Foreclosure Crisis


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Overview

This study of the root causes of the current extremely high levels of defaults and foreclosures among residential mortgages represents the final report to Congress by the Secretary of the Department of Housing and Urban Development (HUD) pursuant to Section 1517 of the Housing and Economic Recovery Act (HERA) of 2008 (P.L. 110-289). The problems in the mortgage market are routinely referred to as a foreclosure crisis because the level of defaults and foreclosures greatly exceed previous peak levels in the post-war era and, as a result, have drawn comparisons to the levels of distress experienced in the Great Depression. This report contains a review of the academic literature and industry press on the root causes of the current foreclosure crisis, data and analysis of trends in the market, and policy responses and recommended actions to mitigate the current crisis and help prevent similar crises from occurring in the future.

Full Product Details

Author:   U S Dept of Housing and Urban Developme
Publisher:   Bibliogov
Imprint:   Bibliogov
Dimensions:   Width: 18.90cm , Height: 0.50cm , Length: 24.60cm
Weight:   0.168kg
ISBN:  

9781288915033


ISBN 10:   1288915039
Pages:   86
Publication Date:   01 March 2013
Audience:   General/trade ,  General
Format:   Paperback
Publisher's Status:   Active
Availability:   In stock   Availability explained
We have confirmation that this item is in stock with the supplier. It will be ordered in for you and dispatched immediately.

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