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Working Papers

Exit from Homeownership by Low-Income Households

Jeffrey Zabel • November 12, 2019

One of the justifications for federal involvement in the homeownership market is that it provides one of the few ways that low-income households can accumulate wealth. But…
Working Papers

Performance of Low-Income and Minority Mortgages

Robert Van Order, Peter Zorn • October 10, 2001

This paper analyses the performance of low-income and minority loans (LIMLs) from a large sample of fixed-rate mortgages purchased by Freddie Mac in the 1990s. Our focus is…