The Federal Reserve estimates that home equity reached a record $27.8 trillion by early 2022, however many Americans were denied this opportunity. A recent House Committee examined why these trends threaten to further increase racial wealth and homeownership gaps.
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HUD Releases Affordable Housing Supply Research
Biden Administration wants to create 100,000 new affordable homes in the next three years.
Read More »St. Louis Fed: Foreclosure Crisis Nears Conclusion
The Federal Reserve Bank of St. Louis stated that the final remnants of the recession’s “historically elevated rates of extreme mortgage distress and defaults” are largely in the rear view mirror.
Read More »Clinton Blames Foreclosure Crisis on Republicans
The Democratic presidential hopeful had some harsh words for the opposing party and the role she believes they played in facilitating the crisis and subsequent Great Recession.
Read More »Has the Foreclosure Housing Market Improved?
RealtyTrac released a new analysis of the foreclosure housing market on Thursday, which found that 96 percent of U.S. county real estate markets are better off than at the height of the foreclosure crisis four years ago.
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