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.
Read More »The Week Ahead: Credit Bias and Its Impact on Homeownership
A Congressional hearing will feature panelists discussing the consumer credit reporting system, looking back at its history, and detailing three proposals to overhaul this system to provide credit equity for all.
Read More »Could CFPB Poll Results Be Skewed?
A recent poll may have showed serious support for the CFPB and Dodd-Frank, but after further study, the results may not be as accurate as some had hoped. What gives?
Read More »Analysis: Private Markets Key to Preventing Housing Meltdown Sequel
According to an analysis authored by a former chief economist of Freddie Mac and a real estate economics professor at University of Aberdeen, responsibility for the failure of Fannie Mae and Freddie Mac falls directly on regulators and indirectly on their political overseers. The two analysts argue that the U.S. government's involvement in housing finance nurtured the excessively risky loans that fueled the housing bubble of the last decade and resulted in the systemic collapse of the global financial system.
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