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Congressional Oversight Panel. October Oversight Report: An Assessment of Foreclosure Mitigation Efforts After Six Months, October 9, 2009

机译：国会监督小组。 10月监督报告：2009年10月9日六个月后止赎缓解措施的评估

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From July 2007 through August 2009, 1.8 million homes were lost to foreclosure and 5.2 million more foreclosures were started. One in eight mortgages is currently in foreclosure or default. Each month, an additional 250,000 foreclosures are initiated, resulting in direct investor losses that average more than $120,000. These investors include the American people. The combination of federal efforts to combat the financial crisis coupled with mortgage assistance programs makes the taxpayer the ultimate guarantor of a large portion of home mortgages. Each foreclosure further imposes direct costs on displaced owners and tenants, and indirect costs on cities and towns, and neighboring homeowners whose property values are driven down. High unemployment and depressed residential real estate values feed a foreclosure crisis that could pose an enormous obstacle to recovery.

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年度 2009
页码 1-209
总页数 209
原文格式 PDF
正文语种 eng
中图分类工业技术;
关键词
Foreclosure ; Financial crisis ; Finances ; Mortgages ; Banking ; Financial institutions ; Congressional reports ; Oversight;

机译：丧失抵押品赎回权;金融危机;财政;抵押;银行业;金融机构;国会报告;监督;

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Congressional Oversight Panel. October Oversight Report: An Assessment of Foreclosure Mitigation Efforts After Six Months, October 9, 2009

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