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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

Should Consumer Disclosures Be Updated?

Thomas Durkin • February 1, 2008

UCC08-10: In May 2008, the Truth in Lending Act (TIL), Title I of the Consumer Protection Act of 1968 (Public Law 90-321, May 29, 1968), reaches its fortieth birthday.…