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Working Papers

Housing and Wealth Accumulation: Intergenerational Impacts

Thomas Boehm, Alan Schlottmann • October 15, 2001

It has long been argued that promoting homeownership among low-income households is worthwhile because owned housing may be an important source of savings for these families…
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…