Volume 8 Issue 2

Click on the links below to view full articles.

Foreclosure Prevention: Preserving Affordable Homes and Vital Communities
Foreclosure can turn the American dream of homeownership into a nightmare for families, financial institutions, and local governments. Fortunately, state and local governments and various public and private entities are implementing innovative solutions to foreclosure problems.

Perspectives
Chicago Mayor Richard M. Daley describes how his city combated the growing problem of foreclosures by launching the Home Ownership Preservation Initiative, a unique partnership among a local nonprofit (Neighborhood Housing Services, Inc.), the Federal Reserve Bank of Chicago, and Chicago's leading financial institutions.

Preserving Hard-Fought Gains: How Communities Are Battling the Rise in Foreclosures
Innovative programs in Dallas, Atlanta, and Ohio are finding ways to reduce foreclosures and lessen their impact. Foreclosure prevention is also a priority of the Fannie Mae Foundation's Alliance of Leadership Partners.

Insight
Kenneth D. Wade, CEO of NeighborWorks explains that quick response to potential foreclosures can prevent them from occurring.

DataPlace
This new on-line data analysis tool from the Fannie Mae Foundation provides free and easy access to housing and demographic data along with maps and analysis tools that can supply the kind of information needed to craft effective responses to rising foreclosure trends.

Resources
Find articles, reports, and Web sites offering more information about the topics addressed in this issue.

View PDF file of entire issue.

Editorial Information

Editor: Lawrence S. Ottinger
Managing Editor: Christina Tucker
Associate Editors: Kathy Litzenberg and Christopher J. Morton

ISSN 1525-2833

Housing Facts & Findings is published by the Fannie Mae Foundation. The Fannie Mae Foundation, through its publications and other programs, is committed to the full and fair exposition of issues related to affordable housing and community development. The opinions expressed in this publication are those of the authors and do not necessarily represent the view of the Fannie Mae Foundation or its officers or directors.

The Fannie Mae Foundation creates affordable homeownership and housing opportunities through innovative partnerships and initiatives that build healthy, vibrant communities across the United States. The Foundation is specially committed to improving the quality of life for the people of its hometown, Washington, D.C., and to enhancing the livability of the city's neighborhoods. Headquartered in Washington, D.C., the Foundation is a private, nonprofit organization whose sole source of support is Fannie Mae, and has regional offices in Atlanta, Chicago, Dallas, Pasadena, and Philadelphia.