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What does foreclosure entail?

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  • Yu Man Tam

Abstract

The FDIC estimates that an additional 4 to 5 million mortgages could enter foreclosure over the next two years. How did this happen, and what can be done to improve the situation? The April 2009 Newsletter offers some insights and further resources on the foreclosure situation.

Suggested Citation

  • Yu Man Tam, 2009. "What does foreclosure entail?," Liber8 Economic Information Newsletter, Federal Reserve Bank of St. Louis, issue April.
    • Handle: RePEc:fip:fedlli:y:2009:i:april
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    File URL: https://research.stlouisfed.org/publications/page1-econ/2009/04/01/what-does-foreclosure-entail/
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    File URL: https://files.stlouisfed.org/files/htdocs/pageone-economics/uploads/newsletter/2009/200904.pdf
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    Keywords

    Mortgages; Foreclosure;

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