The Housing Finance Policy Center (HFPC) was established to provide timely, impartial data and analysis, and to educate policymakers and the public on how the housing finance system affects households, communities and the broader economy. The goal of the Center is to produce analyses and ideas that foster sound public policy, efficient markets, and economic opportunity.
Loans sold to investors must meet certain quality standards, and lenders who sell loans to the government-sponsored entities (GSEs) promise that they are delivering loans that meet specific underwriting and eligibility requirements. Read More
Homebuyers in San Francisco are willing to take on over twice as much monthly debt, relative to income, as borrowers in Atlanta, so a listing that seems affordable in one city may feel too pricey in another. Read More
If you thought housing finance was boring, think again. Last week, during the launch of the Urban Institute’s new Housing Finance Policy Center, UI experts explained why an industry that loves to abbreviate (e.g. HUD, FHA, MBS, GSE) will have an expansive effect on who can afford to live where, whether millions of young Americans will thrive or simply subsist, and our entire country’s economic stability. Read More
At least 15 communities are considering using eminent domain to rescue homeowners with underwater mortgages. It’s proving to be a controversial idea, and one that these communities may have reached for in desperation. Read More