BABC 04-10: Spending financed by home equity extraction helps smooth household consumption and bolster the economy in economic downturns, but may reduce wealth…
In this paper, I attempt to determine how the Federal Housing Administration (FHA) affects homeownership. The FHA insures the full value of selected loans made by private…
This paper examines trends in prime-market mortgage lending to low- and moderate-income families and to families living in underserved areas, hereafter affordable lending,…