Fed’s Duke says foreclosure crisis impact and solutions vary by city

Data collected by the Federal Reserve suggests the foreclosure crisis is impacting cities nationwide, but the solutions to the cities problems are likely to vary.

In other words, a one-size-fits-all strategy will not sort out the foreclosure crisis plaguing  Cleveland, Phoenix and Detroit, according to Federal Reserve Governor Elizabeth Duke, who shared some of the Fed’s findings on the crisis Thursday.

Click HERE For More Information | Washington Post

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