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Working Papers

How Do Foreclosures Exacerbate Housing Downturns?

Adam Guren, Tim McQuade • October 26, 2013

W13-8: The recent housing bust precipitated a wave of mortgage defaults, with over seven percent of the owner-occupied housing stock experiencing a foreclosure.…
Working Papers

The Role of Investors in Acquiring Foreclosed Properties in Boston

Chris Herbert, Lauren Lambie-Hanson, Irene Lew, Rocio Sanchez-Moyano • October 23, 2013

W13-6: As the housing bust accelerated in 2008, concerns mounted about the impact of rising foreclosure levels on low-income and minority communities where nonprime…