Raphael Bostic, Paul Calem, Susan Wachter
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February 5, 2004
BABC 04-5: There is a broad consensus regarding the benefits of homeownership, which include wealth accumulation and improvements along social and personal dimensions.…
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…