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Homes in Peril: A Study of Foreclosure Issues
Retail Price: $130.00
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$117.00
Editors: Timothy R. Allertone
Book Description:
Like the crisis in the banking system, the foreclosure problem has grown so large that it threatens the entire economy. Foreclosures depress housing and commercial real estate prices throughout neighborhoods, imposing serious costs on third parties. Each of the eighty closest neighbors of a foreclosed property can suffer a nearly $5,000 property value decline as a result of a single foreclosure. Communities with high foreclosure rates suffer increased urban blight and crime rates. When families have to relocate, community ties are cut, affecting friendships, religious congregations, schooling, transportation and medical care. Numerous foreclosures flood the market with excess inventory that depress other sale prices. Thus, foreclosures can harm other homeowners both by encouraging additional foreclosures and by reducing home sale prices, while decreased property values hurt local businesses and reduce state and local tax revenues. This new book examines the issues in depth, focusing on the causes of the problem as well as presenting a variety of solutions.

Table of Contents:
*Preface
*Foreclosure Crisis- Working Toward a Solution
*COP Foreclosure Hearing- McDougal Testimony
*COP Foreclosure Hearing- Norton Testimony
*COP Foreclosure Hearing- Perez Testimony
*Foreclosure Crisis- Rep. Hensarling View
*Foreclosure Crisis- Response to Rep. Hensarling View
*Preserving Homeownership: Foreclosure Prevention Initiatives
(Katie Jones)
*Press Release For Congressional Oversight Panel (Cop) Report On Foreclosure
*Troubled Asset Relief Program and Foreclosures
(N. Eric Weiss, David H. Carpenter, Darryl E. Getter, and Edward V. Murphy)
*Index

   Series:
      Housing Issues, Laws and Programs
   Binding: Hardcover
   Pub. Date: 2009 - 3rd Quarter
   Pages: 254 pp.
   ISBN: 978-1-60741-800-9
   Status: AV
  
Status Code Description
AN Announcing
FM Formatting
PP Page Proofs
FP Final Production
EP Editorial Production
PR At Prepress
AP At Press
AV Available
  
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Homes in Peril: A Study of Foreclosure Issues