BABC 04-7: Little systematic work exists to address the many and varied ways some borrowers end up with subprime mortgages and to what extent those loans serve the true…
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…
William Goetzmann, Matthew Spiegel
•
October 8, 2001
Homeownership increases the incentive to maintain property and neighborhood, as well as decreasing the outflow of rents from low-income zones. However these benefits are not…