Damaged vehicles are a common sight in the wake of increasingly frequent weather and climate disasters. One recent estimate suggests that up to 138,000 vehicles were damaged…
Vehicles are the most commonly-owned nonfinancial asset in the United States (US) and represent a relatively high share of net worth for low-wealth households. Despite rising…
Insurance has grabbed headlines lately for good reason. As home prices remain elevated at historically high levels, rising insurance premiums are also contributing to the…
Decreasing federal resources since the 1980s, policy devolution to the local level, and expansion of market-based approaches for affordable housing delivery have resulted in…
Raphael Bostic, Kathleen Engel, Patricia McCoy, Anthony Pennington-Cross, Susan Wachter
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February 1, 2008
UCC08-9: The subprime mortgage market, which consists of high-cost loans designed for borrowers with weak credit, has grown tremendously over the past ten years. Between…
