Beyond the Mortgage Meltdown: Addressing the Current Crisis, Avoiding a Future Catastrophe

With millions of American families facing foreclosure and the U.S. Senate moving toward approval of a compromise bill, the public policy center Demos takes stock of the housing market crisis and the federal response to date. The findings of a new Demos report--"Beyond the Mortgage Meltdown: Addressing the Current Crisis, Avoiding a Future Catastrophe"--show that, beyond the terrible consequences families face in this crisis, the housing market is in short- and long-term economic peril.