Skip to Content
Federal Reserve Bank of Chicago
  • About Us
  • Contact Us
  • Newsroom
  • Museum
  • Careers
  • Banking
  • Research
  • Markets
  • Publications
  • Events
  • Education
  • People
  • Region
    • Midwest Economy
    • Community Development
    • Foreclosure Resource Center
Foreclosure Resource Center
  • Share
  • Print
    • Text Size
    • Smaller
    • Larger
Publications
  • Responding to the Foreclosure Crisis–A Conference Summary (Special Issue)
  • Comparing Patterns of Default among Prime and Subprime Mortgages
  • The Home Ownership Preservation Initiative
  • The Determinants of State Foreclosure Rates: Investigating the Case of Indiana
  • Addressing the Impact of the Foreclosure Crisis: Federal Reserve Mortgage Outreach and Research Efforts (MORE)
  • REO and Vacant Property Strategies for Neighborhood Stabilization
Last Updated: 04/19/2013

Foreclosure Resource Center

What's New

Learn more about the Community Development and Policy Studies Department's Seventh District foreclosure rate updates that will reflect the 3-month moving average from 2007m1 through 2012m12.

Updated Foreclosure Maps - Seventh District

The Community Development & Policy Studies Department (CDPS) has updated maps showing mortgage foreclosure and delinquency rates in the Seventh District.

 

Federal Reserve Neighborhood Stabilization Video Reports

Take a look at some of the projects taking place.


5 Tips for Avoiding Foreclosure Scams

Information from the Federal Reserve Board

 

Foreclosure Mitigation Toolkit

Resources to assist communities in addressing the current turmoil in the housing market and minimize the impact of foreclosures on neighborhoods.

Resources

  • Consumer Information
  • IL
  • IA
  • IN
  • MI
  • WI
Resources available to consumers facing foreclosure:
  • Consumer Mortgage Information (The Federal Reserve Board of Governors)
  • Loan Modification Scam Alert - Use this link to learn about and report potential scams
  • NeighborWorks Foreclosure Hotline - 1.888.995.HOPE
  • Foreclosure Resources for Consumers (The Federal Reserve Board of Governors)
  • You May Be Paying Too Much for Your Mortgage An FRB Boston publication
  • Filing a Bank Related Complaint - Federal Reserve Consumer Help website
  • Find a HUD counselor
  • NeighborWorks America® - Foreclosure prevention information
  • Foreclosure Resources - NeighborWorks America, as part of the Federal Reserve Partnership, launched a new web-site last week dedicated to providing resources on community stabilization.
  • Hope Now - Foreclosure prevention information
  • Regional Home Ownership Initiative (RHOPI) Action Plan - Addressing the Foreclosure Crisis in the Chicago Metro Area
  • MacArthur Commits $68 Million to Foreclosure Prevention and Mitigation in Chicago
  • NHS - Home Ownership Preservation Initiative (HOPI)
  • Dupage Homeownership Center - HUD certified counseling agency for prepurchase, defaults and reverse mortgages
  • Avoiding Foreclosure in Illinois
  • Housing Counseling in Illinois
  • Mortgage and Predatory Loan Tips
  • Suburban Cook County- CEDA Comprehensive Housing Services
  • Illinois Mortgage Lending Guide
  • National Training & Information Center's Hot Spot Program
  • ACORN's Home Equity Loss Prevention Hotline - 1.888.409.3557
  • HUD "Avoiding Foreclosures"
  • HUD "Housing Counseling"
  • HUD Approved Housing Counseling Agencies
  • Avoiding Fraud in Iowa
  • The Foreclosure Prevention Network (IFPN)
  • HUD "Avoiding Foreclosures"
  • HUD Approved Housing Counseling Agencies
  • Detroit-Hope
  • HUD "Avoiding Foreclosures"
  • HUD "Housing Counseling"
  • HUD Approved Housing Counseling Agencies
  • Wisconsin Foreclosure Resource Center
  • HUD "Predatory Lending"
  • HUD "Avoiding Foreclosure"
  • HUD "Counseling"

Foreclosure Maps

Updated Foreclosure Maps - Maps from the 7th District showing mortage foreclosure and delinquency rates.

Dynamic Maps and Data - New York Fed

Research

Financial Literacy and The Effectiveness of Financial Education and Counseling

Effect of Mortgage Foreclosures on Nearby Property Values

Foreclosure Prevention Efforts

Mortgage Defaults

Metropolitan REO Inventories during the 2007-2008 Mortgage Crisis
A Snapshot of Mortgage Conditions with an Emphasis on Subprime Mortgage Performance
Performance of CRA Lending During the Subprime Meltdown: California
 

Policy & Regulation

Information affecting financial institutions and regulatory updates:
Loan Modification
Regulation Z (Truth in Lending)
Federal and State Agencies Announce Pilot Project to Improve Supervision of Subprime Mortgage Lenders
Federal Financial Regulatory Agencies and CSBS Issue Statement on Loss Mitigation Strategies for Servicers of Residential Mortgages
Servicemembers Civil Relief Act of 2003 as it is pertinent to the subject of mortgages (and foreclosures) owned by a servicemember during the applicable period of military service

Federal Reserve adopts policy statement supporting prudent commercial real estate (CRE) loan workouts

Federal Reserve to implement consumer compliance supervision program of non bank subsidiaries of bank holiding companis and foreign organizations

Annual adjustment of fee-based trigger for additional mortgage loan disclosures

Board publishes 5 Tips for Dealing with Home Equity Line Freeze or Reduction

Board approves final rules revising disclosure requirements for mortgage loans under Regulation Z

Contact Us
Community Development & Policy Studies
E-Mail
On this Site
  • Past News and Research
Subscribe Now

Register to receive email alerts when new issues are published.

Subscribe

Follow Us:

FaceBook RSS Twitter YouTube
  • About Us
  • Contact Us
  • Newsroom
  • Subscribe
  • Tours
  • Careers
Federal Reserve Bank of Chicago, 230 South LaSalle Street, Chicago, Illinois 60604-1413, USA. Tel. (312) 322-5322
Copyright © 2012. All rights reserved. Please review our
  • Privacy Policy
  • Legal Notices