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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 ??


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