The recent settlement reached between the five biggest mortgage banks in the U.S. and the attorneys general of 49 states may speed up the pace of foreclosures in the short term, and leaves borrowers caught up in the housing crisis with limited options for staying in their homes, says expert Ted Gayer, co-director of the Economic Studies program.
Economic Indicators
Inflation and the gap between economic performance and economic perceptions
Commentary
Podcast@ Brookings Podcast: The Mortgage Settlement and the Continuing Housing Crisis
February 17, 2012