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Working Papers

Forced Sales and House Prices

Parag Pathak, John Campbell, Stefano Giglio • May 1, 2009

W09-4: This paper uses data on house transactions in the state of Massachusetts over the last 20 years to show that houses sold after foreclosure, or close in time to…
Working Papers

Hitting the Wall: Credit as an Impediment to Homeownership

Raphael Bostic, Paul Calem, Susan Wachter • 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.…
Working Papers

Estimating Economic Impacts of Community Lending

J. Michael Collins, Eric Belsky, Micky Tripathi • July 15, 1999

W99-7: This paper provides a step-by-step approach to understanding and estimating the economic benefits of helping lower-income households buy and own their first home…