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Foreclosure Mitigation Efforts in the United States

Foreclosure Mitigation Efforts in the United States »

Source: Foreclosure Mitigation Efforts in the United States : Approaches and Challenges

Volume/Issue: 2009/02

Series: IMF Staff Position Notes

Author(s): Vladimir Klyuev , and John Kiff

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 27 January 2009

ISBN: 9781589068247

Keywords: Fiscal policy, foreclosure, foreclosures, equity, liens, securitization

Home foreclosure rates have risen in the United States to the highest levels since the Great Depression. With house prices falling, lending standards tightening, unemployment rising, and interest rate resets in the...

Foreclosure Mitigation Efforts in the United States
			: Approaches and Challenges

Foreclosure Mitigation Efforts in the United States : Approaches and Challenges »

Volume/Issue: 2009/02

Series: IMF Staff Position Notes

Author(s): Vladimir Klyuev , and John Kiff

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 27 January 2009

DOI: http://dx.doi.org/10.5089/9781589068247.004

ISBN: 9781589068247

Keywords: Fiscal policy, foreclosure, foreclosures, equity, liens, securitization

Home foreclosure rates have risen in the United States to the highest levels since the Great Depression. With house prices falling, lending standards tightening, unemployment rising, and interest rate resets in the...