Report to Congress on the Root Causes of the Foreclosure Crisis - Softcover

Softcover

ISBN 10: 1288915039 ISBN 13: 9781288915033

Verlag: BiblioGov, 2013

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Reseña del editor

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.

Über diese Auflage

• Verlag: BiblioGov
• Erscheinungsdatum: 2013
• ISBN 10: 1288915039
• ISBN 13: 9781288915033
• Einband: Tapa blanda
• Anzahl der Seiten: 86