Boston Fed president Eric Rosengren said little focus has been on community problems.
(Jonathan Wiggs/Globe Staff/File 2010)
‘Holistic’ approach to foreclosure crisis urged
Rosengren says aid should address socioeconomic issues
Boston Fed president Eric Rosengren said little focus has been on community problems.
(Jonathan Wiggs/Globe Staff/File 2010)
Federal and state policy makers should take a broader approach to the foreclosure crisis, not only adopting measures to prevent foreclosures and stabilize housing, but also providing aid to help the hardest-hit communities address underlying social and economic issues, said Eric Rosengren, the president of the Federal Reserve Bank of Boston. (Full article: 527 words)
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