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

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 pipeline, foreclosures are projected to go even higher. While most of the time a fore...

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Bibliographic Details
Main Author: Klyuev, Vladimir
Other Authors: Kiff, John
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2009.
Series:IMF Staff Position Notes; Staff Position Note ; No. 2009/002
Online Access:Full text available on IMF