May/June 2012
Articles
- FEMA Online Tool Aids in Community Rebuilding
- Reinventing Older Communities Conference Materials Posted Online
- Discussion of State Small Business Credit Initiative
- SE CDFI conference July 18–19
- Prepaid Cards Evaluated for Safety
- Housing Rural Populations: Overview of Changing Needs
- Apply for Affordable Housing Program Grant
- Cleveland Fed Summit June 28–29
- Power in Partnerships: Addressing Workforce Development Challenges
- May 29 Session on Lessons from Resurgent and Transforming Cities
- Fed Gov. Discusses Housing
- Research Paper Reexamines Foreclosure Crisis
- Blog Posting Points to Housing Improvement in the Southeast
- Closing the Gap: Improving Minority-Owned Small Firms' Access to Credit
- Analysis of a Recent Mortgage Proposal
- Research Paper Considers the Role of Government in Housing Finance
Departments
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Can Home Loan Modification through the 60/40 Plan Really Save the Housing Sector?
An Atlanta Fed Real Estate Research blog raises questions about a recent proposal called the "60/40 Plan" that hinges on principal forbearance strategies as a way to improve the housing market. Though principal forbearance can be a useful loss-mitigation tool, according to Atlanta Fed economists Scott Frame and Kris Gerardi, the effectiveness of such a plan depends on a variety of factors, including economic and institutional conditions.