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Working Papers

The Rent Eats First: Rental Housing Unaffordability in the US

Whitney Airgood-Obrycki, Alexander Hermann, Sophia Wedeen • January 13, 2021

Even before the COVID-19 pandemic, renters in the United States were facing a housing affordability crisis. Nearly a quarter of renter households were spending more than half…
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…