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portada Report to Congress on the Root Causes of the Foreclosure Crisis
Type
Physical Book
Author
Publisher
Language
English
Pages
86
Format
Paperback
Dimensions
24.6 x 18.9 x 0.5 cm
Weight
0.17 kg.
ISBN13
9781288915033
Categories

Report to Congress on the Root Causes of the Foreclosure Crisis

U. S. Dept of Housing and Urban Developm (Author) · Bibliogov · Paperback

Report to Congress on the Root Causes of the Foreclosure Crisis - U. S. Dept of Housing and Urban Developm

New Book Imported to Taiwan
Delivery: 03 Aug - 14 Aug Shipping: 16 to 20 business days.
NT$ 862
NT$ 862

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Synopsis "Report to Congress on the Root Causes of the Foreclosure Crisis"

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.

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