Federal Reserve report details agency's efforts to address foreclosure crisis

The 20-page report was released as part of a two-day joint housing and mortgage symposium sponsored by the Fed and the Federal Deposit Insurance Corp. that began Monday in Washington, D.C.

The report, "Addressing the Impact of the Foreclosure Crisis," details the activities of the Fed's 12 presidents and the board of governors under the 2009 Mortgage Outreach and Research initiative. The document highlights the federal government's efforts to respond to the crisis at a local level.

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