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Using a Buyout Strategy to Make Houston More Resilient

Erica Vilay, Phil Pollman • July 9, 2020

The city of Houston could better protect and aid the approximately 18,000 people who live in the city’s repeated flood prone areas if it created an integrated home buyout…
Working Papers

Floodway Buyout Strategy for a Resilient Houston

Erica Vilay, Phil Pollman • July 9, 2020

Houston, Texas, America’s most diverse and fourth-largest city, is the most flooded city in the United States. Houston’s geography and urban planning make flooding and water…
Working Papers

Mortgage Credit and the Evolution of Risk-Based Pricing

Frank Raiter, Francis Parisi • February 23, 2004

BABC 04-23: Mortgage lenders have long used credit scores as a basis for estimating borrower risk. This risk differentiation is reflected in the coupon rate of the loan…