Collateral damage: Foreclosures and new mortgage lending in the 1930s

Although severe crises in housing markets contributed to both the Great Recession of 2007 and the Great Depression of the 1930s, the role that housing-related financial frictions played in the crises has yet to be explored. This column investigates the impact that foreclosures had on the supply of new home mortgage loans during the housing crisis of the 1930s. It shows that an increase in foreclosed real estate on a building and loan associations’ balance sheets had a powerful and negative effect on new mortgage lending during the 1930s.

Overview of Statutory Process of Mortgage Foreclosures - Iicle.com

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Sebastian Fleitas

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Columns

FRB: Finance and Economics Discussion Series: Screen Reader Version -A Primer on Farm Mortgage Debt Relief Programs during the 1930s

Collateral damage: Foreclosures and new mortgage lending in the 1930s

Financial Failure and Depositor Quality: Evidence from Building and Loan Associations in California, The Journal of Economic History

Mortgage Lending Practices

Collateral Damage: Minimizing the Impact of a Liquidity Crisis - FasterCapital

Foreclosures - Wessels Living History Farm

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PDF) Racial Segregation and American Foreclosure Crisis

Have Borrowers Recovered from Foreclosures during the Great Recession? - Federal Reserve Bank of Chicago

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