Rachel Bratt, a Senior Research Fellow at the Joint Center for Housing Studies and former visiting scholar at the Federal Reserve Bank of Boston, authored several Issue Briefs, offering insights about HUD’s regulations and procedures concerning mortgages near foreclosure/end-stage default following the Great Recession. They were written just before the coronavirus hit the US. With many people unable to make their mortgage payments due to COVID-19-related income loss, loan defaults and foreclosures will likely increase. This analysis may be of value as policymakers craft responses to this latest economic crisis.
To view the briefs, please click on links below.
To view the release discussing the release, please click here.
- Introduction and Summary of the Series
- The Role of HUD and the FHA: Conflicts in Mandate and Operations, Past and Present
- Outcomes of Foreclosure: Literature Review and Experiences in Lowell, Massachusetts
- HUD Regulations and Policies Concerning End-Stage Default
- HUD and Beyond: Legislation, Litigation, and Innovative Local Efforts to Reduce Foreclosures