Foreclosure Resource Center

Federal Reserve Neighborhood Stabilization Video Reports

In Detroit, decades of population loss coupled with the foreclosure crisis has created a pivotal moment in which the city must reinvent itself. The city is partnering with community leaders to bring together thousands of residents to help make the tough choices that will shape Detroit's future. Take a look at some of the projects taking place that are part of this process.

Updated Foreclosure Maps - Seventh District

The Community Development & Policy Studies Department (CDPS) has updated maps showing mortgage foreclosure and delinquency rates in the Seventh District.

Addressing the Impact of the Foreclosure Crisis: Federal Reserve Mortgage Outreach and Research Efforts (MORE)

The Federal Reserve has been working to respond to the foreclosure crisis, leveraging its research, community affairs and supervision and regulation functions to support innovative foreclosure prevention and neighborhood stabilization strategies at the local level. This report documents our work in the separate sections below:

• A Message from the Chair
• Improving the Communication of Information about Foreclosure Prevention Resources
• Researching What is Happening on Main Street
• Convening Experts to Develop the Right Policy Responses
• Summary of Foreclosure-Related Papers Produced in Economic Research
• Summary of Foreclosure Work in Community Affairs

5 Tips for Avoiding Foreclosure Scams

Information from the Federal Reserve Board

Foreclosure Mitigation Toolkit

Resources to assist communities in addressing the current turmoil in the housing market and minimize the impact of foreclosures on neighborhoods.

This report describes the scope, nature and effects of the foreclosure crisis and explores strategies for helping affected neighborhoods recover. Released by the Federal Reserve System as a collection of research articles and commentaries on the challenge of stabilizing foreclosure-ravaged neighborhoods. Contributors include nonprofit and municipal community development practitioners, policy researchers, and private sector partners.
     The collection is a companion piece to the Federal Reserve's REO and Vacant Property Strategies for Neighborhood Stabilization conference, held on September 1-2 in Washington, D.C. Speakers included Federal Reserve Governor Elizabeth Duke and U.S. Department of Housing and Urban Development Secretary Shaun Donovan. View the conference agenda, speech transcripts and video.

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