| Home |
Community Affairs |
| The Federal Reserve Bank of New York provides information and technical assistance to financial institutions, non-profit organizations and others on issues related to community development, economic development and access to credit and capital in low- and moderate-income communities. |
| Features |
| New York Fed Names 11 Members to Community Affairs Advisory Council |
|
U.S. Credit Conditions
This site provides data illustrating mortgage and credit conditions in the United States through dynamic maps and spreadsheets. There is detailed information on bank credit card delinquencies, auto and student loan delinquencies, mortgage delinquencies and nonprime mortgage conditions. Information is provided at county and state levels depending upon the variable. |
A Look at Upstate New York's Subprime Mortgages in Foreclosure
Subprime mortgage conditions remain a concern upstate. Analyzing a subset of these loans, this report finds that six counties with large urban centers account for about half of the securitized, subprime residential first lien loans in foreclosure. When the foreclosure levels are scaled to housing density, however, the relative severity of these concentrations declines. Moreover, the loan characteristics of these mortgages in foreclosure reveal striking similarities in underwriting patterns across the region. |
|
Foreclosure Prevention Flyers
The Office of Community Affairs has created a series of flyers, customized by region, to enable borrowers to find free and reliable foreclosure prevention resources. These flyers are for you to use including to download, print copies and distribute as needed. We welcome feedback as to how you used these flyers. New York State 3 pages / 484 kb New York City 3 pages / 492 kb Newark 3 pages / 870 kb Connecticut 3 pages / 487 kb |
Foreclosure Resource Center
An information resource to help communities, policymakers and other organizations involved in assisting distressed homeowners. |
|
Community Conditions in the Second District
Describes economic conditions in areas of concentrated poverty in the Second District and innovative programs that address these conditions. |
|
County Economic and Demographic Data Series
The County Economic and Demographic Data series provide a description of the demographic, education, income, employment and housing conditions for persons residing in 25 counties located in the Second Federal Reserve District. The information provided is based on Census data for 2000 to 2004. |
| Publications |
|
New Jersey Facts & Trends
New Jersey’s ratio of subprime mortgages in foreclosure is the nation’s fifth highest, and it exceeds the U.S. figure. However, there is considerable variation within the state, with most foreclosure activity concentrated in a few groups of ZIP codes with low to moderate household incomes. |
|
The Enduring Challenge of Concentrated Poverty in America: Case Studies from Communities Across the U.S.
In 2006, the Community Affairs Offices of the Federal Reserve System partnered with the Brookings Institution to examine the issue of concentrated poverty. The resulting report, The Enduring Challenge of Concentrated Poverty in America: Case Studies from Communities Across the U.S., profiles 16 high-poverty communities from across the country, including immigrant gateway, Native American, urban and rural communities. Through these case studies, the report contributes to our understanding of the dynamics of people living in low-income communities, and the policies that will be needed to bring both into the economic mainstream. |
