SOURCE: Federal Reserve Bank of Richmond

Federal Reserve Bank of Richmond

August 18, 2011 15:37 ET

Richmond Fed Publication Looks at Housing Finance Abroad

RICHMOND, VA--(Marketwire - Aug 18, 2011) - In the wake of the crisis in U.S. housing markets, policymakers are considering how to reform mortgage finance. Many other developed nations intervene in housing finance to a lesser degree than the United States does -- can their experiences provide some insight? The cover story in the latest issue of Region Focus magazine puts U.S. housing finance in an international context.

Also in this issue:

  • When South Carolina Met BMW. In the early 1990s BMW investigated 250 locations worldwide for its first plant outside of Germany, and chose upstate South Carolina. How has the deal worked out?
  • Why Aren't All Countries Rich? An estimated 1.4 billion people live without access to electricity, clean water, basic medicines, elementary education, or adequate food. How can better economic policies and legal systems lift their countries out of poverty?
  • Harnessing the Iron Horse. Maryland and South Carolina companies pioneered large-scale railroading in the United States, setting the stage for cross-country trade and passenger routes that bound the nation together.
  • Interview with Bruce Yandle of Clemson University on environmental economics.

Region Focus covers the economy and business activities of the Fed's Fifth District, which includes the District of Columbia, Maryland, North Carolina, South Carolina, Virginia, and most of West Virginia.

For free copies of Region Focus, contact the Bank's Research Publications division at (800) 322-0565. The articles are available online at

Contact Information

  • Contact:
    David A. Price
    Senior Editor, Region Focus
    Federal Reserve Bank of Richmond
    Phone: (804) 697-8018
    Email Contact