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Examining the rising foreclosure rate

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Author Info
Richard Deitz
Ramon Garcia

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Abstract

We examine the foreclosure rate in the U.S. economy and outline factors that may be contributing to its rise. We also investigate the behavior of foreclosure rates in New York State and six of its major metropolitan areas. Particular attention is given to Buffalo, where foreclosures increased fourfold in the 1990s.

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File URL: http://www.newyorkfed.org/research/regional_economy/spring2003.pdf
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Publisher Info
Article provided by Federal Reserve Bank of New York in its journal The Regional Economy of Upstate New York.

Volume (Year): (2003)
Issue (Month): Spr ()
Pages:
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Handle: RePEc:fip:fednre:y:2003:i:spr

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Related research
Keywords: Mortgage loans - New York (State) ; Home ownership - New York (State) ; Federal Reserve District; 2nd;

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This page was last updated on 2009-12-6.

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