The formation of a new not-for-profit group dedicated to analyzing US foreclosure markets with a goal of encouraging “sustainable homeownership” was announced Thursday at the Five Star REO Conference in Dallas. The new organization will publish quarterly analyses of the US foreclosure market.
Foreclosure Economic Advisory Council Formed to Support Sustainable Home Ownership
Beginning in October, FEAC [Foreclosure Economic Advisory Council] will publish a quarterly report with a review of the recent U.S. foreclosure market, graphical representation of foreclosure “hot spots,” and analysis of the quarterly data.
The board of the group includes economists, businesspeople and experienced REO brokers.
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