Foreclosure Resource Center
Information to help homeowners with problem mortgage loans identify alternatives to foreclosure and better communicate with counselors and lenders in finding solutions.
COVID-19-Related Mortgage Resources for Federally Backed Mortgages
- Fannie Mae
- Federal Housing Finance Agency
- Freddie Mac
- U.S. Department of Housing and Urban Development
- Facing the Risk of Foreclosure? Answers to Frequently Asked Questions on Foreclosure Prevention
- Foreclosure Avoidance Counseling, Department of Housing and Urban Development
- Educational Resources, Freddie Mac
- My Home by Freddie Mac
- Foreclosure Resources for Consumers , Board of Governors
- KnowYourOptions.com, Fannie Mae
- NeighborWorks Foreclosure Hotline 888-995-HOPE (4673)
Beware of Fraud
- Foreclosure Rescue Scams: Real Estate Fraud Prevention and Awareness
- Mortgage Relief Scams, Federal Trade Commission
- Loan Modification Scam Alert: Learn about and report potential scams
Resources to help community leaders assess their foreclosure situation, reduce preventable foreclosures, provide support to troubled homeowners, and stabilize neighborhoods.
Created by NeighborWorks America and designed to help communities respond to local problems that arise when foreclosed homes remain vacant, the site enables community development practitioners to share success stories and learn what works to reverse the many negative impacts of foreclosure.
Putting Data to Work: Data-Driven Approaches to Strengthening Neighborhoods
This publication of the Fed Board of Governors shares examples of the innovative ways in which communities are building data systems to improve knowledge of local demographic trends and then to target their limited resources to most effective use.
REO and Vacant Property Strategies for Neighborhood Stabilization
A summit examining the effects of foreclosed and vacant properties on the community was held September 1 and 2, 2010, at the Federal Reserve Board in Washington, D.C.
Find quick references and contacts for foreclosure prevention assistance and other information in your state.
- FloridaDisaster.org, Florida Division of Emergency Management
- Florida Legal Services
- NeighborWorks® America
- U.S. Department of Housing and Urban Development (HUD)
Research & Publications
Research, publications, speeches, and data related to foreclosure and stabilization activity throughout the Sixth District and the nation.
FedCommunities.org, an online compilation of community development resources from all 12 Reserve Banks and the Board of Governors
Data and Maps
- Consumer Financial Protection Bureau's HMDA Data Interface
- PolicyMap by The Reinvestment Fund
- U.S. Department of Housing and Urban Development's Office of Policy Development and Research data sets
- Negative Equity in the Sixth Federal Reserve District
Some cities have not recovered from the subprime and foreclosure crises, and negative equity—when a house is worth less than outstanding mortgage debt—remains a persistent problem. The author analyzes the characteristics of Southeast neighborhoods that continue to have negative equity.
Discussion Paper 2016-1 (March 2016)
Abstract | Full text (732 KB)
- Intrametropolitan Patterns of Foreclosed Homes: ZIP-Code-Level Distributions of Real-Estate-Owned (REO) Properties during the U.S. Mortgage Crisis
Real-estate-owned (REO) properties are usually vacant and, particularly when geographically concentrated, can have destabilizing effects on neighborhoods and communities. The author studies intrametro REO distributions across different metro areas during the mortgage crisis.
Discussion Paper 1-09 (April 21, 2009)
Full text (4.75 MB)
- The Accumulation of Foreclosed Properties: Trajectories of Metropolitan REO Inventories during the 2007–2008 Mortgage Crisis
What was the extent to which real-estate-owned (REO) properties accumulated in different housing markets during the mortgage crisis? The author examines characteristics of the inventory of REO properties in U.S. metro areas from 2006 to 2008.
Discussion Paper 2-08 (December 15, 2008)
Full text (1.55 MB)
- Community Response to the Foreclosure Crisis: Thoughts on Local Interventions
Mortgage regulation and foreclosure laws are generally under federal and state governance, but local governments and organizations responded to rising foreclosures in various ways. The author presents a range of responses to the foreclosure crisis that local organizations have used.
Discussion Paper 1-08 (October 10, 2008)
Full text (181 KB)
Policy & Regulations
Information on banking regulation related to mortgage lending and consumer protection.
Board adopts policy statement supporting prudent commercial real estate (CRE) loan workouts
Board to implement consumer compliance supervision program of nonbank subsidiaries of bank holding companies and foreign organizations
Board annual adjustment of fee-based trigger for additional mortgage loan disclosures
Board issues final rule amending home mortgage provisions of Regulation Z
Board approves final rules revising disclosure requirements for mortgage loans under Regulation Z
Servicemembers Civil Relief Act of 2003
Federal Reserve Regulations, Board list of all regulations
FinancialStability.gov, Homeowner Affordability and Stability Plan, U.S. Department of the Treasury