"Backed by extensive study of mortgage loans made to low-income Americans over a ten-year period, argues that in the wake of the financial crisis of 2008-09, lenders need not shy away from the low-income as risks but institute equitable and sustainable homeownership policies that include...

Introduction -- Methods -- Physical health limitations and financial hardship -- Financial stress and satisfaction -- Mental health and sense of control -- Local voting -- Civic engagement -- Social capital -- Collective efficacy and perceived crime -- Homeownership: mechanisms and dependencies...

Homeownership counseling encompasses several educational activities. Early approaches focused on reducing the risk of default and foreclosure among participants in government-assisted mortgage programs, but more recent approaches have focuesd on increasing homewonership opportunities among...

This study extends the theory of planned behavior (TPB; Ajzen, 1991) to the domain of homeownership. We used a four-year longitudinal dataset of 919 low-and-moderate income (LMI) renters to explore factors associated with greater homeownership intentions and actual home purchases. Our findings...

The future of American homeownership is being pushed in contradictory directions by demographic changes. The aging of the Baby Boomers would support higher levels of homeownership, but the increasing minority share of the population and the persistent racial gap in homeownership acts to reduce...

The substantial costs of foreclosures to individuals and society motivated nearly $40 billion in government subsidies to homeowners during the Great Recession. Most of these subsidies were in the form of permanent loan modifications with mixed evidence of effectiveness. This paper estimates the...

Homeownership has long been considered the cornerstone of the American dream, and considerable research has pointed to the social benefits of homeownership for both families and communities. Yet research concerning this link between homeownership and social participation has recently undergone...