Foreclosure-Related Filings Up in Nassau, Suffolk

Publication: Newsday

Author: Ellen Yan


07/11/2008 - Foreclosure-related filings for June jumped 72 percent in Suffolk and 2 percent in Nassau from the previous month, according to RealtyTrac, an online foreclosure marketplace.

...

It's a "Herculean" task to get accurate data, said Kil Huh, project manager at The Pew Center on the States, a nonprofit that has been researching the impact of the mortgage crisis on communities and families.

In getting a grip on the extent of problems, a considerable challenge is that there's no central depository for information, he said. The federal and state governments can be instrumental in creating one, but that takes time and money, he noted.

"As we move forward thinking about what's the right public policy, we're going to need accurate data to understand the problem," Huh said.

Read the complete article Foreclosure-Related Filings Up in Nassau, Suffolk on Newsday's Web site.

Pew is no longer active in this line of work, but for more information visit the Subprime Mortgages Project on PewHealth.org.

X
(All Fields are required)