BABC 04-10: Spending financed by home equity extraction helps smooth household consumption and bolster the economy in economic downturns, but may reduce wealth…
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,…