Throughout the foreclosure crisis, the Federal Reserve has used its knowledge of mortgage markets to help inform policymakers, community organizations, financial institutions, and the public. The Federal Reserve's Mortgage Outreach and Research Efforts (MORE) pools the expertise of staff in the research, community development, and supervision and regulation divisions throughout the Federal Reserve System to help prevent foreclosures and support neighborhood stabilization efforts.
On Oct. 25, 2010, MORE released a publication highlighting its efforts: Addressing the Impact of the Foreclosure Crisis. Included in the report are MORE's efforts to bring together experts and stakeholders to develop policy solutions to the crisis, its partnership with the U.S. Departments of Labor and Treasury and HOPE NOW to improve the communication of foreclosure resources, and its work to create online Foreclosure Resource Centers on the websites of each Reserve Bank and the Board of Governors.
The Atlanta Fed features prominently among the various efforts that have taken place across the Federal Reserve System. Atlanta Fed economists Scott Frame and Kris Gerardi contributed to research and literature reviews that examine various facets of the mortgage market, while the community and economic development function at the Atlanta Fed organized a number of foreclosure-related events, produced a series of podcasts, and published two discussion papers by a noted housing expert.
More information about the MORE initiative is available in the online version of Addressing the Impact of the Foreclosure Crisis. 
