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Blog

Can Mortgage Forbearance Help Stabilize the Economy?

Sean Lee • November 21, 2023

Is allowing borrowers to suspend mortgage payments an effective way to stabilize the economy during a recession? In a new working paper, Omeed Maghzian and I attempt to…
Working Papers

Exit from Homeownership by Low-Income Households

Jeffrey Zabel • November 12, 2019

One of the justifications for federal involvement in the homeownership market is that it provides one of the few ways that low-income households can accumulate wealth. But…