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District of Columbia

Washington Region

For Communities Fighting Foreclosure

For People Facing Foreclosure

Tools

Foreclosure and Subprime Glossary

The Foreclosure Process in Washington, D.C.

The NeighborhoodInfo DC Foreclosure page provides up-to-date information on the ongoing national foreclosure crisis and its impact on the District of Columbia and the greater Washington D.C. region.

We provide updated foreclosure indicators for D.C. on a quarterly and monthly basis.

District Foreclosures Continue to Rise (click to enlarge)

DC DASHBOARD: 2nd QUARTER 2009

Single-family homes & condos in foreclosure:

2,353

+7.5% from 2009-Q1

New foreclosure starts:

666

-1.5% from 2009-Q1

Charts

Monthly DC foreclosure trends through Dec 2009 (PDF)

Maps

Single-family home foreclosures through Dec 2009 (PDF)

Condominium foreclosures through Dec 2009 (PDF)

Multifamily residential foreclosures through Dec 2009 (PDF)

Tables

Residential foreclosures by ward and neighborhood cluster, 2008 (PDF)

Foreclosure Articles and Links

District of Columbia

The District of Columbia Housing Monitor provides a quarterly look at housing market trends in Washington, D.C., including homes sales and foreclosures.

• The Spring 2009 Housing Monitor focuses on home foreclosures in District wards and neighborhoods.

Foreclosures and Renters in Washington, D.C.. This report documents the extent to which renters in Washington, D.C. may be affected by the rise in residential foreclosures.

Subprime Mortgage Lending in the District of Columbia: A Study for the Department of Insurance, Securities and Banking. This report examines the extent of subprime lending in the District of Columbia and the resulting impacts on residents and neighborhoods.

Testimony

The Impact of Foreclosures on Home Ownership and Affordable Housing in the District of Columbia (May 2009). In this testimony before members of the D.C. City Council, Peter Tatian, Urban Institute Senior Researcher, presents recent data showing that the national foreclosure crisis has not spared households in the District of Columbia.

Foreclosures in the District of Columbia: Testimony Before the Council of the District of Columbia, Committee on Public Services and Consumer Affairs (June 2008). This testimony discusses recent data on foreclosures in Washington, D.C. and the likely consequence of future scheduled resets for adjustable-rate mortgages over the next two years.

Statement to the DC Council, Joint Public Oversight Roundtable on Affordable Housing: Testimony before the Council of the District of Columbia, Committee on Housing and Urban Affairs and Committee on Public Services and Consumer Affairs (March 2008). This testimony discusses recent data on foreclosures and losses of Section 8 housing units in Washington, D.C.

Subprime Mortgage Lending in Washington, DC: Testimony Before the D.C. Council, Committee on Public Services and Consumer Affairs (March 2007). This testimony discusses the concentration of sub-prime loans across Washington, D.C. wards and demographics.

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Washington Region

Housing in the Nation's Capitol is a comprehensive annual report that analyzes a wide array of demographic, economic, and housing data for the Washington metropolitan area.

• The 2009 edition of this report focuses focus on the foreclosure crisis and its effects on the Washington region.

Subprime and High Interest Rate Mortgage Lending in the Washington, D.C. Region (March 2007) (PDF) This fact sheet examines data on subprime mortgage lending and high interest rate loans from the Home Mortgage Disclosure Act (HMDA) for the Washington, D.C. metropolitan area.

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Local and National Resources for Communities Fighting Foreclosure

Foreclosure-Response.org offers resources intended to help states and localities respond to the foreclosure crisis. It includes data and mapping tools, a policy guide to help prevent foreclosure and stabilize communities and a forum for questions and discussion.

National Neighborhood Indicators Project's (NNIP) Foreclosure Page. NNIP is a network of organizations in over thirty U.S. cities who inform policy with local neighborhood-level data. This site describes current foreclosure-related projects in partner communities.

NeighborworksCenter For Foreclosure Solutions provides training, research, and support to help communities prevent foreclosure. Their website also includes some information for consumers.

OCC and OTS Mortgage Metrics Report: Disclosure of National Bank and Federal Thrift Mortgage Loan Data (PDF) is a quarterly federal report that provides a comprehensive picture of mortgage servicing activities of nationally-regulated banks and thrifts.

Peter Tatian's foreclosure links on Delicious. Links to national research, news stories, and resources on the foreclosure crisis.

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Resources for People Facing Foreclosure

The Homeownership Preservation Foundation provides counseling through their 24-hour hotline: 888-995-HOPE.

The DC Department of Securities, Insurance, and Banking's Foreclosure Mitigation Kit (PDF) is a step-by-step guide for consumers on what you need to do if you are facing foreclosure.

Tenant Foreclosure Rights (PDF) explains the rights of D.C. renters in the foreclosure process, including the right to remain in their housing even if a landlord is facing a foreclosure. It includes a form and phone numbers for legal organizations who can help tenants.

DCHousingSearch.org is an online database to help individuals and families find affordable housing in the District of Columbia.

HUD's Foreclosure Avoidance Page. This U.S. Department of Housing and Urban Development page provides guidance and resources to help homeowners stay in their homes, including a list of HUD-approved housing counselors to can provide help to persons facing foreclosure.

Loan Modification Scam Alert is a national public education campaign to empower homeowners to protect themselves against loan modification scams, find trusted help, and report illegal activity to authorities.

FannieMae's Homeowner's Page provides information about loan modification, foreclosure rescue scams, counseling services, and government programs.

Making Home Affordable is a federal government program to prevent foreclosures. It includes free counseling, information on loan modification and refinancing, and advice on how to avoid foreclosure rescue scams.

8 Signs of Predatory Lending The Center for Responsible Lending describes eight of the most common signs of a bad home loan and provides advice on how to find better loans.

Freddie Mac: Don't Borrow Trouble provides consumers with advice on buying and owning a home and guidance to avoid predatory lending. It also links to additional resources to help consumers stay in their homes.

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