Data & Tools

Resources to help community leaders assess their foreclosure situation, reduce preventable foreclosures, provide support to troubled homeowners, and stabilize neighborhoods.

StableCommunities.org
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.

State Resources

Find quick references and contacts for foreclosure prevention assistance and other information in your state.

• Alabama
  • Alabama Housing Finance Authority
  • NeighborWorks^® America
  • U.S. Department of Housing and Urban Development (HUD)
• Florida
  • FloridaDisaster.org, Florida Division of Emergency Management
  • Florida Legal Services
  • NeighborWorks^® America
  • U.S. Department of Housing and Urban Development (HUD)
• Georgia
  • Georgia Department of Community Affairs
  • NeighborWorks^® America
  • U.S. Department of Housing and Urban Development (HUD)
• Louisiana
  • NeighborWorks^® America
  • U.S. Department of Housing and Urban Development (HUD)
• Tennessee
  • NeighborWorks^® America
  • Tennessee Housing Development Agency
  • U.S. Department of Housing and Urban Development (HUD)

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

Publications

• 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.
  Elora Raymond
  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.
  Dan Immergluck
  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.
  Dan Immergluck
  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.
  Dan Immergluck
  Discussion Paper 1-08 (October 10, 2008)
  Full text (181 KB)

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