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Unpublished Paper
Large-scale Disasters Attacking the American Dream: How to Protect and Empower Homeowners and Lenders
ExpressO (2007)
  • Matthew D Ekins
Abstract

The 2005 hurricane season reminded the world that such catastrophes can and do occur anywhere at anytime. Recovery efforts continue long after tides recede and after-shocks cease. In the context of Hurricane Katrina, this article examines the homeowner-lender relationship to determine risks natural disasters pose to the mortgage industry, likely repercussions a fallout in the mortgage industry may have on the health of the general economy, and what preventative steps have been and may be taken to prevent further economic suffering in a post-catastrophe environment.

Keywords
  • disaster,
  • hurricane,
  • mortgage,
  • depression,
  • loan,
  • catasrophe,
  • economy,
  • bank,
  • lender
Disciplines
Publication Date
August, 2007
Citation Information
Matthew D Ekins. "Large-scale Disasters Attacking the American Dream: How to Protect and Empower Homeowners and Lenders" ExpressO (2007)
Available at: http://works.bepress.com/matthew_ekins/1/