The Federal Reserve Board has published a white paper on current conditions in the U.S. housing market. The January 4, 2012, paper, titled "The U.S. Housing Market: Current Conditions and Policy Considerations,"provides a framework for thinking about some of the key housing policy issues and discusses options that policymakers might consider in addressing foreclosed properties, credit access and pricing, homeowners at risk of default or foreclosure, and mortgage servicing. View the white paper on the Board's public website.