Defaulting on the Dream: States Respond to America’s Foreclosure Crisis

In “Defaulting on the Dream: States Respond to America’s Foreclosure Crisis, ” The Pew Charitable Trusts finds that states have a critical role to play in the foreclosure crisis—and today, a growing number of state policy makers are taking action in three major ways:

• Trying to help borrowers facing imminent risk of foreclosure to stay in their homes
• Preventing high-risk, high-cost mortgage loans from being made in the first place
• Taking a comprehensive approach to the crisis by convening stakeholders to develop solutions