Discussion Post: Real Estate Foreclosure
Conduct independent Internet research on the most recent mortgage foreclosure crisis. This crisis impacted both the residential and commercial real estate finance markets.
• Real estate foreclosures in some areas climbed to very large percentages (as high as 50%) of the housing stock.
• How did the traditional foreclosure process fail under these unusual circumstances? Please discuss this question and the statement above.
The response must include a reference list. Using Times New Roman 12 pnt font, double-space, one-inch margins, and APA style of writing and citations.