Reducing Foreclosures: No Easy Answers

Christopher Foote, Kristopher Gerardi, Lorenz Goette, Paul Willen

NBER Working Paper No. 15063
Issued in June 2009

---- Acknowledgements -----

The views in this paper are our own and not necessarily those of the Federal Reserve Banks of Boston or Atlanta. the Federal Reserve System, or the National Bureau of Economic Research. Andreas Fuster provided both first-rate research assistance and excellent comments and suggestions. We would like to thank, without implicating, Daron Acemoglu, Larry Cordell, Jeff Fuhrer, Eileen Mauskopf, Christopher Mayer, Atif Mian, James Nason, Julio Rotemberg, and Hui Shan for helpful comments and suggestions. We are also grateful for the help that Mark Watson and Kevin Shruhan provided us in working with the LPS data. Any remaining errors are our own.

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