Foreclosure Resources and Information

“It is clear that rising home foreclosures and delinquencies significantly challenge many consumers and communities … the Federal Reserve is strongly committed to fully employing our authority, expertise, and resources to help alleviate their distress.”  Ben Bernanke, Chairman, Federal Reserve

Avoiding Foreclosure: Resources and Strategies Neighborworks Center for Foreclosure Solutions HUD Guidelines for: Nonprofits | Local Governments | Housing Counselors Fannie Mae Resources for Homeowner Educators

Upcoming Events Jackson, Tenn. - May 14 Foreclosure Forum: Help for Our Communities Learn more Jackson, Tenn. - May 14 West Tennessee Home Preservation Event Learn more

Federal Reserve System Resources

Federal Reserve Bank of Boston Foreclosure Pages and Research

Federal Reserve Bank of San Francisco Foreclosure Mitigation Center

Federal Reserve Bank of New York Dynamic Maps of Nonprime Mortgage Conditions in the United States

St. Louis Fed Publications and Research

Bridges
A quarterly review of regional community development issues, projects and regulatory changes for lenders and community groups.

• Reverse Mortgages—the Next Hot Spot?
• Foreclosures—Let's Talk about the Solution: Counseling at All Levels Works
• Foreclosures—Let's Talk about the Solution: Neighborhood Action Matters

The Regional Economist
A quarterly publication that addresses national and regional economic issues and their impact on the Eighth District.

• The Federal Reserve Seeks To Protect Consumers
• Bailing Out the Markets Is Not a Goal of Fed Policy
• Nonprime Mortgage Woes:  How We Got There, Where To Go Next 

Review
A scholarly journal of articles about national and international economic developments—particularly their monetary aspects.

• A Primer on the Mortgage Market and Mortgage Finance
• The Varying Effects of Predatory Lending Laws on High-Cost Mortgage Applications

Central Banker
A quarterly overview of Fed policies, initiatives and news affecting financial institutions in the Eighth District.

• Subprime Crisis: Is There a Way Out? 
• Changes Proposed to Reg Z (Truth in Lending)

Other Publications and Resources
Understanding the Subprime Mortgage Crisis (Supervisory Policy Analysis)

The Mortgage Credit Partnership Project (PDF 92.6KB) was begun in 1996 by the St. Louis Fed and The Institute for Policy Leadership at the University of Missouri-St. Louis with the goal of examining minority access to home ownership in the region. Various task forces spent six months focusing on four areas: insurance, lending and appraisal, real estate, and the secondary market. Their report spotlights problems and recommends solutions. Similar reports were developed in other cities across the country, leading to The Mortgage Credit Partnership Resource Guide (PDF 7.4MB). This manual documents the MCP process and offers a "how-to" approach to implementing such a project.