Title: Regaining the dream : how to renew the promise of homeownership for America's working families /
Authors: Quercia, Roberto G.; Freeman, Allison.; Ratcliffe, Janneke.
Publisher: Brookings Institution Press,
Year: 2011
Subjects: Housing United States Finance; Working class Housing United States.; Mortgage loans United States.; Homeownership United States.; Home ownership United States
Abstract: "Backed by extensive study of mortgage loans made to low-income Americans over a ten-year period, argues that in the wake of the financial crisis of 2008-09, lenders need not shy away from the low-income as risks but institute equitable and sustainable homeownership policies that include correctly structured loans"--Provided by publisher.
Contents: Foreclosing on the American dream -- Promoting sound, equitable homeownership -- Explaining the shadow mortgage system -- Lending for the long term -- Stress testing community reinvestment lending -- Ensuring sustainable homeownership -- Bringing community reinvestment lending to scale -- Regaining the dream.