Although severe crises in housing markets contributed to both the Great Recession of 2007 and the Great Depression of the 1930s, the role that housing-related financial frictions played in the crises has yet to be explored. This column investigates the impact that foreclosures had on the supply of new home mortgage loans during the housing crisis of the 1930s. It shows that an increase in foreclosed real estate on a building and loan associations’ balance sheets had a powerful and negative effect on new mortgage lending during the 1930s.
Collateral damage. The Spillover Costs of Foreclosures By Debbie
Columns
Buying a Foreclosed Home - Connecticut Real Estate
The Great Foreclosure Fraud - The American Prospect
Collateral Damage: The Impact of Foreclosures on New Home Mortgage
Why the Fed Can Let the Housing Bust Rip: Mortgages, HELOCs
Collateral Damage: The Impact of Foreclosures on New Home Mortgage
Columns
Trouble Paying Your Mortgage or Facing Foreclosure?
Hedge Funds: The Ultimate Absentee Landlords (Fall Preview) - The
Decade-Old Predatory Loans Still Plague Some Black Homeowners In MD
The Great Eviction: Black America and the Toll of the Foreclosure
6 Best Home Loans After Foreclosure (2024)
Understanding Foreclosure —
