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Have Borrowers Recovered from Foreclosures during the Great Recession?


Abstract: This article examines the current financial health of individuals who experienced a home mortgage foreclosure during the Great Recession and assesses the degree to which they have recovered relative to those who lost their homes before the downturn.

Keywords: mortgage delinquency; recession; Foreclosure;

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File(s): File format is application/pdf https://chicagofed.org/~/media/publications/chicago-fed-letter/2016/cfl370-pdf.pdf
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Bibliographic Information

Provider: Federal Reserve Bank of Chicago

Part of Series: Chicago Fed Letter

Publication Date: 2016

Order Number: 370