Foreclosures - yesterday, today, and tomorrow

City and Community

Volumn 9, Issue 1, 2010, Pages 50-60

  Squires, Gregory D ^a   Hyra, Derek S ^b  

^a GEORGE WASHINGTON UNIVERSITY   (United States)

^b VIRGINIA POLYTECHNIC INSTITUTE AND STATE UNIVERSITY   (United States)

Author keywords

[No Author keywords available]

Indexed keywords

EID: 77951214726     PISSN: 15356841     EISSN: 15406040     Source Type: Journal    
DOI: 10.1111/j.1540-6040.2009.01313.x     Document Type: Article

References (70)

1. Symposium on the Sociology and Geography of Mortgage Markets. International Journal of Urban and Regional Research 2009a, 33(2):281-442. Aalbers M B. Guest Editor
2. Aalbers M B. Why the Community Reinvestment Act Cannot be Blamed for the Subprime Crisis. City & Community 2009b, 8(3):346-350.
3. Atlas J, Dreier P. Waging Victory. The American Prospect Online Edition. 2006, http://www.prospect.org/, Available at, Last accessed November 14, 2006
4. Atlas J, Dreier P, Squires G. Foreclosing on the Free Market: How to Remedy the Subprime Catastrophe. New Labor Forum 2008, 17(3):18-29.
5. Avery R B, Brevoort K P, Canner G B. Higher-Priced Home Lending and the 2005 HMDA Data. Federal Reserve Bulletin 2006, 84(September):123-166.
6. Avery R B, Brevoort K P, Canner G B. The 2006 HMDA Data. Federal Reserve Bulletin 2007, 93:73-109.
7. Been V, Ellen I, Madar J. The High Cost of Segregation: Exploring Racial Disparities in High Cost Lending. Fordham Urban Law Journal 2009, 36:361-393.
8. Berenbaum D. Strengthening Oversight and Preventing Fraud in the FHA and Other HUD Programs. 2009, Testimony submitted to the U.S. House of Representatives Committee on Financial Services, Subcommittee on Oversight and Investigations, Washington, DC, June 18
9. Booza J C, Cutsinger J, Galster G. Where Did They Go? The Decline of Middle-Income Neighborhoods in Metropolitan America 2006, Washington, DC: The Brookings Institution, Metropolitan Policy Program
10. Bostic W R, Lee K O. Homeownership: America's Dream?. Insufficient Funds: Savings, Assets, Credit, and Banking among Low-Income Households 2009, 218-256. Blank R M, Barr M S. Pp., in, edited by, New York, Russell Sage Foundation
11. Calem P, Gillen K, Wachter S. The Neighborhood Distribution of Subprime Mortgage Lending. Journal of Real Estate Finance and Economics 2004, 29:393-410.
12. Carr J H, Berenbaum D. An Examination of Civil Rights Issues with Respect to the Mortgage Crisis. 2009, Testimony submitted to the U.S. Commission on Civil Rights (March 20)
13. Carr J H, Kutty N K. Segregation: The Rising Costs for America 2008, New York, Routledge
14. Cisneros H G. Interwoven Destinies: Cities and the Nation. Interwoven Destinies: Cities and the Nation 1993, Cisneros H G. in, ed., New York, W.W. Norton & Company
15. A Symposium on the Subprime Crisis. City & Community 2009, 8(3):341-356. City & Community
16. Dennis B. Frank Set to Scale Back Plans For Consumer Financial Agency. The Washington Post 2009, A25. September 23
17. Dreier P. Community Organizing for What: Progressive Politics and Movement Building in America. Transforming the City: Community Organizing and the Challenge of Political Change 2007, Orr M. in, ed., Lawrence, University Press of Kansas
18. Dreier P, Atlas J. Give the Middle Class a Break: Replace the Mortgage Deduction, Which Benefits the Well-off, with a Tax Credit to Increase Homeownership. Los Angeles Times 1995, January 20
19. Elboghdady D. Another Wave of Foreclosures Looms. The Washington Post 2009, A-13. September 9
20. Farley J E, Squires G D. Fences and Neighbors: Segregation in 21st-Century America. Contexts 2005, 4(1):33-39.
21. Fischer P. Where Are Public Housing Families Going? An Update 2003, Chicago, IL, Woods Fund of Chicago
22. Gerardi K, Shapiro A H, Willen P. Subprime Outcomes: Risky Mortgages, Homeownership Experiences, and Foreclosures, Federal Reserve Bank of Boston 2008, Working Paper 07-15. Cited in Immergluck, forthcoming
23. Goetz E. Clearing the Way: Deconcentrating the Poor in Urban America 2003, Washington, DC, The Urban Institute Press
24. Goodman P S, Healy J. Job Losses Push Safer Mortgages to Foreclosure. The New York Times 2009, (May 25)
25. Hartung J M, Henig J R. " Housing Vouchers and Certificates as a Vehicle for Deconcentrating the Poor," Urban Affairs Review 1997, 32(3):403-419.
26. Heath B. Lost Jobs Forcing More Out of Homes. USA Today 2009, 1A. ( June 23)
27. Hyra D S. The New Urban Renewal: The Economic Transformation of Harlem and Bronzeville 2008, Chicago, University of Chicago Press
28. Iceland J, Weinberg D H, Steinmetz E. Racial and Ethnic Residential Segregation in the United States: 1980-2000 2002, U.S. Census Bureau, Series CENSR-3, Washington, DC: U. S. Government Printing Office
29. Immergluck D. The Foreclosure Crisis, Foreclosed Properties, and Federal Policy: Some Implications for Housing and Community Development Planning. Journal of the American Planning Association 2009, 74(4):406-423.
30. Immergluck D. The Accumulation of Lender-Owned Homes During the U.S. Mortgage Crisis: Examining Metropolitan REO Inventories. Housing Policy Debate Forthcoming
31. Immergluck D, Smith G. The External Costs of Foreclosure: The Impact of Single-Family Mortgage Foreclosures on Property Values. Housing Policy Debate 2006a, 17(1):57-79.
32. Immergluck D, Smith G. The Impact of Single-Family Mortgage Foreclosures on Neighborhood Crime. Housing Studies 2006b, 21(6):851-866.
33. Jargowsky P. Poverty and Place: Ghettos, Barrios, and the American City 1996, New York, Russell Sage Foundation
34. Jargowsky P. Stunning Progress, Hidden Problems: The Dramatic Decline of Concentrated Poverty in the 1990s 2003, Washington, DC: The Brookings Institution
35. Kingsley T G, Pettit K LS. High-Cost and Investor Mortgages: Neighborhood Patterns 2009, Washington, DC: The Urban Institute
36. Kochan T, Shulman B. A New Social Contract: Restoring Dignity and Balance to the Economy 2007, Washington, DC: Economic Policy Institute
37. Kroszner R S. The Community Reinvestment Act and the Recent Mortgage Crisis. 2008, Speech of Federal Reserve Board Governor Randall S. Kroszner at the Confronting Concentrated Poverty Policy Forum, Board of Governors of the Federal Reserve System, Washington, DC (December 3)
38. Krugman P. For Richer. The New York Times Magazine 2002, 62-67. October 20, 76, 77, 141, 142
39. Krugman P. Left Behind Economics. The New York Times 2006, A 19. July 14
40. Kutty N, Squires G D. Housing Policy in the First One Hundred Days of the Obama Presidency, The Next Hundred Days, and Beyond. New Labor Forum 2009, 18(3):31-38.
41. Laderman E, Reid C. Lending in Low- and Moderate-Income Neighborhoods in California: The Performance of CRA Lending During the Subprime Meltdown 2008, Working Paper 2008-05, Federal Reserve Bank of San Francisco
42. Leland J. Foreclosures Push States to Try a Mix of Solutions. The New York Times 2008, April 16
43. Logan J. The Suburban Advantage 2002a, Albany: Lewis Mumford Center
44. Logan J. Separate and Unequal: The Neighborhood Gap for Blacks and Hispanics in Metropolitan America 2002b, Albany: Lewis Mumford Center
45. Mallach A. How to Spend 43.92 Billion: Stabilizing Neighborhoods by Addressing Foreclosed and Abandoned Properties. 2008, Federal Reserve Bank of Philadelphia, Cited in Immergluck, forthcoming
46. Massey D S, Denton N. American Apartheid: Segregation and the Making of the Underclass 1993, Cambridge, MA, Harvard University Press
47. Massey D S, Kanaiaupuni S M. Public Housing and the Concentration of Poverty. Social Science Quarterly 1993, 74(1):109-122.
48. Merle R. Mortgage Refinance Program Expands. The Washington Post 2009a, A-11. July 2
49. Merle R. Mortgage Plan Gaining Steam. The Washington Post 2009b, A-17. October 9
50. Merle R. Refinancing Lifeline Fails to Reach Most 'Underwater' Homeowners. The Washington Post 2009c, A-1. October 24
51. Mishel L, Bernstein J, Allegretto S. The State of Working America 2004/2005 2005, Ithaca, ILR Press
52. How Much Damage to the US Economy Must Occur before Congress Acts to Protect the American Public. 2009, National Community Reinvestment Coalition, press release, October 20
53. A Lifetime of Assets 2006, National Community Reinvestment Coalition and Woodstock Institute, Washington, DC, and Chicago: National Community Reinvestment Coalition and Woodstock Institute
54. Page B I, Jacobs L R. Class War? What Americans Really Think about Economic Inequality. 2009, Chicago, University of Chicago Press
55. Peirce N. Congress' Minimum Wage Vote: Prelude to a Better Politics. 2007, http://www.citistates.com, January 28
56. Defaulting on the Dream: States Respond to America's Foreclosure Crisis 2008, Pew Charitable Trusts, Washington, DC: Pew Charitable Trusts
57. Pennington-Cross A, Ho G. The Termination of Subprime Hybrid and Fixed-Rate Mortgages 2006, Working Paper 2006-042A, Federal Reserve Bank of St. Louis, St. Louis, MO
58. Powell M. Bank Accused of Pushing Mortgage Deals on Blacks. The New York Times 2009, A-15. June 7
59. Quercia R G, Stegman M A, Davis W R. The Impact of Predatory Loan Terms on Subprime Foreclosures: The Special Case of Prepayment Penalties and Balloon Payments. Housing Policy Debate 2007, 18(2):311-346.
60. Rivera A, Cotto-Escalera B, Desai A, Huezo J, Muhammad D. Foreclosed: State of the Dream 2008 2008, Boston: United for a Fair Economy
61. Shapiro T M. The Hidden Cost of Being African American: How Wealth Perpetuates Inequality 2004, New York, Oxford University Press
62. Shlay A B. Low-income Homeownership: American Dream or Delusion?. Urban Studies 2006, 43(3):511-531.
63. Smith S L, Cloud C. Documenting Discrimination by Homeowners Insurance Companies Through Testing. Insurance Redlining: Disinvestment, Reinvestment and the Evolving Role of Financial Institutions 1997, Squires G D, in, ed., Washington, DC, The Urban Institute Press
64. Squires G D. Scapegoating Blacks for the Economic Crisis. Poverty and Race 2008, 17(3):3. 4, November/December
65. Squires G D, Chadwick J. Linguistic Profiling: A Tradition of the Property Insurance Industry. Urban Affairs Review 2006, 41(3):400-415.
66. Squires G D, Hyra D S, Renner R N. Segregation and the Subprime Lending Crisis. 2009
67. Taylor J. H.R. 1728: Mortgage Reform and Anti-Predatory Lending Act. 2009, Testimony before the U.S. House of Representatives Committee on Financial Services (April 23)
68. Mortgage Lending Discrimination: A Review of Existing Evidence 1999, Turner M ASkidmore F. eds, Washington, DC: Urban Institute
69. Turner M A, Frieberg F, Godfrey E, Herbig C, Levy D K, Smith R R. All Other Things Being Equal: A Paired Testing Study of Mortgage Lending Institutions 2002, Washington, DC: Urban Institute
70. Financial Regulatory Reform 2009, U.S. Department of the Treasury, Washington, DC: U.S. Department of the Treasury