|1||p141||By early 2008, inventories had surged to more than 2.25 million homes and were still climbing (see Figure 9.5).||By early 2008, inventories had surged to more than 2.25 million homes and were still climbing (see Figure 8.5).||10/27/2008|
|1||p142||Figure 9.5 Awash in unsold homes||Figure 8.5 Awash in unsold homes||10/27/2008|
|1||p257||Chapter 14 endnotes missing.||Chapter 14
1. Most notable include the plan cosponsored by Congressman Barney Frank and Senator Christopher Dodd described in Chapter 13 (see http://financialservices.house.gov/FHA.html ). FDIC Chairwoman Sheila Bair has also proposed a writedown plan (see http://www.fdic.gov/consumers/loans/hop/). I have also put forward a proposal (see http://www.economy.com/mark-zandi/documents/Home-Appreciation-Mortgage-Plan.pdf )
2. As discussed in Chapter 10, the Federal Reserve was granted this authority under HOEPA.
3. The state regulators include the Conference of State Banking Supervisors and the American Association of Residential Mortgage Regulators.
4. In addition, federal foreclosure should eliminate strict foreclosures which are available in a few New England states in which the lender files a lawsuit to take possession of a property without an auction.
5. The Treasury report detailing the proposal is available at http://www.treas.gov/press/releases/reports/Blueprint.pdf