The foreclosure crisis of the late 2000s left an enormous trail of economic destruction in its wake. Most Americans are familiar with the obvious damage — the crisis cost nearly $200 billion in lost wealth, resulted in over 4.5 million Americans losing their homes,2 and triggered the worst recession since the Great Depression. One long-term result of the foreclosure crisis, however, is less familiar to many Americans – the impact on the credit reports of millions of consumers.