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Working Papers

Rethinking U.S. Rental Housing Policy

Bruce Katz, Margery Austin Turner • March 1, 2007

RR07-10: In recent years, housing has all but disappeared from national-level debate except for occasional discussions of a possible housing “bubble” and the all-too-…
Working Papers

Mortgage Credit and the Evolution of Risk-Based Pricing

Frank Raiter, Francis Parisi • February 23, 2004

BABC 04-23: Mortgage lenders have long used credit scores as a basis for estimating borrower risk. This risk differentiation is reflected in the coupon rate of the loan…
Working Papers

Prepayment Risk and Lower Income Mortgage Borrowers

Wayne Archer, David Ling, Gary McGill • October 9, 2001

This paper examines the differential home mortgage termination experience of “affordable housing” households in the United States from 1985 to 1995. Using five two-year…