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Emerging public health crisis linked to mortgage default and foreclosure
Date:10/20/2011

ture is much worse today because rising mortgage defaults are compounded by unemployment. "Recent data from the Centers for Disease Control and Prevention show that the number of Americans with depression has been increasing along with rising unemployment."

Dr. Alley adds that mortgage counselors are seeing a rising tide of health issues. "We did a separate nationwide survey of mortgage counselors and found that almost 70 percent of them said many of the clients they worked with were depressed or hopeless. About a third of them said they had worked with someone in the last month who expressed intent for self harm or suicide. These are very serious and clearly ongoing issues."


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Contact: Bill Seiler
bseiler@umm.edu
410-328-8919
University of Maryland Medical Center
Source:Eurekalert

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