FORECLOSURE-RESPONSE.ORG TEAM TO RELEASE LATEST DATA ON SERIOUS MORTGAGE DELINQUENCY AND FORECLOSURE RATES FOR ALL 366 U.S. METRO AREAS

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August 11, 2011 – (RealEstateRama) — On Tuesday, August 16, 2011, The Foreclosure-Response.org team—the Local Initiatives Support Corporation (LISC), Urban Institute and the Center for Housing Policy—will release the newest data on and analysis of seriously delinquent mortgages for all 366 U.S. metro areas as of March 2011.

Foreclosure-Response.org’s quarterly report of seriously delinquent mortgage rates—defined as the percentage of home loans currently in the foreclosure process plus the percentage of loans more than 90 days delinquent—provides a strong indicator of the number of foreclosures likely to enter the market in the coming months. Data are available at the metro area level and compared to earlier data for change over time. The analysis reports on metro areas hardest hit by the foreclosure crisis and trends found in the new data.

The release is embargoed until August 16, 2011. Please email Blake Warenik at for advance access to the data, analysis and an accompanying press release.

Learn more about the National Housing Conference and its research affiliate the Center for Housing Policy.

Contact:
Blake Warenik
National Housing Conference and Center for Housing Policy
202.466.2121 (ext 240)

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For more than 75 years, the nonprofit National Housing Conference (NHC) has been the United Voice for Housing. A membership drawn from every industry segment forms the foundation for NHC’s broad, nonpartisan advocacy for national policies and legislation that promote suitable housing in a safe, decent environment.

NHC's research affiliate, the Center for Housing Policy, specializes in developing solutions through research. In partnership with NHC and its members, the Center works to broaden understanding of the nation’s housing challenges and to examine the impact of policies and programs developed to address these needs.

Contact:

National Housing Conference
1801 K Street, N.W., Suite M-100
Washington, DC 20006-1301

Phone: 202/466-2121
Fax: 202/466-2122

Media contact:
Laura Woods
Phone: (202) 466-2121 x240

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