Revisiting the origins of the subprime crisis -- The costs of foreclosure and the racialized shape of the crisis -- The Federal government to the rescue? -- Regulating the mortgage market -- The housing finance debate -- The housing finance debate

The purpose of this paper is to lay out the range of responses to the foreclosure crisis in which local organizations have been engaged in recent years, providing a scheme for thinking about local responses to the crisis and the actors and organizations involved. It is also intended to help...

Foreclosed explains the rise of high-risk lending in the 1990s and early 200s and why these newer types of loans--and their associated regulatory infrastructure--failed in substantial ways, leading to the economic collapse of 2008.