W13-8: The recent housing bust precipitated a wave of mortgage defaults, with over seven percent of the owner-occupied housing stock experiencing a foreclosure.…
Daniel McCue, Eric Belsky, Melissa Jacoby, Margaret Nipson
•
April 5, 2010
Homeowners have long sought debt relief in the federal bankruptcy courts, but they take different paths to reach that point. For some, home mortgage problems are a…
This paper examines trends in prime-market mortgage lending to low- and moderate-income families and to families living in underserved areas, hereafter affordable lending,…