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Working Papers

Imperfect Information and the Housing Finance Crisis

Edward Golding, Richard Green, Douglas McManus • February 1, 2008

UCC08-6: This paper has two parts. First, we look at the various agents involved in the mortgage transaction—including borrowers, brokers, originators, rating agencies…
Working Papers

The Financial Returns to Low-Income Homeownership

Eric Belsky, Nicolas Retsinas, Mark Duda • September 9, 2005

W05-9: Efforts to promote low-income homeownership have intensified over the past ten years. Under both regulatory and market pressures, the mortgage finance industry…
Working Papers

Towards a Targeted Homeownership Tax Credit

J. Michael Collins, Eric Belsky, Nicolas Retsinas • November 15, 1998

W98-5: Although the federal government provides tax incentives for homeownership, current tax provisions provide few incentives for lower-income families to buy a home…