Center for Community Progress

JUNE 6, 2022

At the height of the foreclosure crisis post-2008, a group of elected officials, community development practitioners, and lawyers came together to craft a strategy to respond to the hemorrhaging real estate market in Ohio. Everything seemed to work as planned—until 2008. The trend continued for the next several years.

2009 52

2009 Legislation 2021 Operations 52

The Stoop (NYU Furman Center)

NOVEMBER 7, 2022

First, house prices increased by 57 percent 1 over the nearly nine years from their post-financial crisis bottom (2011 Q2) through the last quarter before the pandemic (2020 Q1). This resulted in the government taking them over in September 2008 and injecting $187B of taxpayer money to keep them solvent. After being in the 0.20

2007 52

2007 2009 2008 Housing 52

The Stoop (NYU Furman Center)

MAY 31, 2023

The Federal Housing Finance Agency (FHFA), the regulator and conservator of Freddie Mac and Fannie Mae, the two government-sponsored enterprises (GSEs), has been very prominently in the news lately. every borrower paying the same interest rate), its regulators would cite it for engaging in an unsafe and unsound practice.

Government 52

Government 2008 Housing Implementation 52