Written by Caroline Lauer, a Master of Urban Planning student at Harvard's Graduate School of Design who was a 2017 Edward M. Gramlich Fellow in Community and Economic…
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.…
There are many causes to the collapse of the housing market and the recent financial turmoil, but the contribution of the CRA appears marginal. While banks did engage in…