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Working Papers

Refinance and the Accumulation of Home Equity Wealth

Frank Nothaft, Yan Chang • February 10, 2004

BABC 04-10: Spending financed by home equity extraction helps smooth household consumption and bolster the economy in economic downturns, but may reduce wealth…
Working Papers

The Industrial Structure of Affordable Mortgage Lending

Frank Nothaft, Brian Surette • October 2, 2001

This paper examines trends in prime-market mortgage lending to low- and moderate-income families and to families living in underserved areas, hereafter affordable lending,…
Working Papers

Determinants of the Living Arrangements of the Elderly

Robert Schafer • June 20, 1999

W99-6: The housing choices of the elderly are classified into five types: assisted communities, unassisted 60 plus communities, shared housing, supported housing and…
Working Papers

Housing America's Elderly Population

Robert Schafer • January 15, 1999

W99-4: This paper explores the housing choices of America’s elderly households drawing on data from the recently available Assets and Health Dynamics Among the Oldest-…