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Table Of Contents

INTRODUCTION
Impacts on Families
Impacts on Communities
The Foreclosure Response System
IMPACTS ON FAMILIES
The Foreclosure Process
Displacement and Housing Instability
Financial Insecurity and Economic Hardship
Personal and Family Stress, Disrupted Relationships, and Ill Health
IMPACTS ON COMMUNITIES
Variations across Neighborhoods
Foreclosures and High Foreclosure Density—the Expected Scenario
Declining Property Values and Physical Deterioration
Crime, Social Disorder, and Population Turnover
Local Government Fiscal Stress and Deterioration of Services
Cost Summary
THE FORECLOSURE RESPONSE SYSTEM
Develop a Coordinated Foreclosure Response Strategy
Prevent Foreclosures and Keep Families in Their Homes
Stabilize Neighborhoods
Help Families Recover
PRIORITIES FOR FURTHER RESEARCH ON SECONDARY EFFECTS
Research on Impacts on Families
Research on Impacts on Neighborhoods
Research on Foreclosure Response to Neighborhood Impacts
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411909 Impact of For Closures

411909 Impact of For Closures

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Published by: morristhecat on Oct 24, 2011
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