Pay for Success (PFS) initiatives have received widespread attention in the United States in the past several years. The outcomes-based projects hold great promise,…
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…
W01-10: The multifamily mortgage market has changed dramatically over the last two decades. The relative importance of the thrifts—once the major source of financing for…