Get the free The Spillover Effects of Foreclosures - Center for Responsible Lending

Because REOs are concentrated within these areas and great concern over the magnitude of REO spillovers in these neighborhoods. The NFHA report cited previously suggested that the condition of REO in REO maintenance does exist then the magnitude of REO spillovers may be larger in minority neighborhoods. This suggests that the negative spillovers from REOs may be greater in low-income neighborhoods. We label this hypothesis the REO condition hypothesis. We have conducted an econometric...

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Form spillover effects pertain to the unintended consequences or secondary impacts of a particular policy or action.

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