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…
It has long been argued that promoting homeownership among low-income households is worthwhile because owned housing may be an important source of savings for these families…
Donald Haurin, Toby Parcel, R. Jean Haurin
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October 14, 2001
Does homeownership affect the outcomes of resident children? Using a national data set, we observed that children of homeowners have better home environments, high cognitive…
Ingrid Gould Ellen, Scott Susin, Amy Ellen Schwartz, Michael Schill
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October 13, 2001
In this paper, we look at the impact of two New York City homeownership programs on surrounding property values. Both of these programs—the Nehemiah Plan and the New Homes…
William Rohe, Shannon Van Zandt, George McCarthy
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October 12, 2001
Interest in homeownership among Americans has been justified by claims that it confers benefits both to individuals and to the society as a whole, including good citizens,…
This paper analyses the performance of low-income and minority loans (LIMLs) from a large sample of fixed-rate mortgages purchased by Freddie Mac in the 1990s. Our focus is…
J. Michael Collins, David Crowe, Michael Carliner
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October 5, 2001
Much of homeownership research and policy focuses on financial or information barriers that might frustrate low-income renter households from buying a home. Given existing…
For the past three decades homeownership counseling has been an integral part of affordable lending in the United States. Myriad benefits have been attributed to these…
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,…