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Press Release: Federal Reserve Board Governor Elizabeth A. Duke’s Presentation Highlights Effort to Reduce Damage from Foreclosures

The Federal Reserve System is supporting neighborhood stabilization by bringing community stakeholders together and working to identify and solve local problems. Elizabeth A. Duke, the Federal Reserve Board Governor, recently spoke about this, and videos created by the Federal Reserve highlight the work being done in Cleveland, Phoenix and Detroit. The program model in Cleveland would be replicable in other communities. See videos

SOURCE: Case Western Reserve University, April 28, 2011