This paper empirically and theoretically analyzes the effect of debt reductions that reduce long-term but not short-term obligations. Isolating the effect of future…
RR07-12: The strengths and weaknesses of nonprofit organizations in developing and owning subsidized rental housing are examined. In the course of this study, a number…
Alexander von Hoffman, Eric Belsky, James DeNormandie, Rachel G. Bratt
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June 1, 2004
W04-5: This paper was prepared to provide background information for a conference sponsored by the Neighborhood Reinvestment Corporation entitled The Vitality of America…
W02-8: In October 1996, at nearly the mid-point of President Bill Clinton’s term in office, a lead article in The New York Times Magazine heralded: “The Year That…
This paper analyses the performance of low-income and minority loans (LIMLs) from a large sample of fixed-rate mortgages purchased by Freddie Mac in the 1990s. Our focus is…