Vicki Been Testifies Before Congress on the Neighborhood Impacts of Foreclosures
On May 21, 2008, Vicki Been testified at a congressional hearing entitled: “Neighborhoods: The Blameless Victims of the Subprime Mortgage Crisis.” The hearing was held to focus attention on the consequences to neighborhoods when foreclosed properties fail to sell, and when owners abandon them. Ms. Been presented some preliminary findings from our on-going research. Her testimony can be found here (page 29).