Article Image
News Link • Housing

Evidence suggests anti-foreclosure laws may backfire

• Reuters
A recent U.S. Federal Reserve study found that in states requiring a judicial review for foreclosure, delays associated with the process had no measurable long-term benefits and often prolonged the problems with the housing market.

1 Comments in Response to

Comment by Olde Reb
Entered on:

 This is a paper by the Federal Reserve.  Do you think there might be any bias to minimize the problem of banks seizing property that they cannot show legal title for ??

Join us on our Social Networks:


Share this page with your friends on your favorite social network: