Moving Forward: A Changing Credit Environment and Its Impact on Low-Income

Marsha Courchane, Peter Zorn

MF10-3: The recent tumult experienced by residential mortgage markets in the United States has left many struggling to determine what caused the crisis; what can be done to prevent a future crisis; and what can be done to mitigate the consequences of the crisis that resulted. These are big and important questions, and accurately resolving them requires a clear and precise understanding of what actually transpired over the past several years...