News

The UNC Center for Community Capital won recognition for an outstanding paper in the National Urban Policy Initiative Competition (NUPIC), a forum for creative but usable proposals to enact new financial education legislation. NUPIC awarded the paper a second-place prize in the Financial Services category, recognizing the Center’s achievement in analyzing and advocating for innovative financial education programs designed to reach Latinos.

Homeowners in disadvantaged neighborhoods are more likely to vote than renters and those who own homes in more privileged communities, according to research to be presented at the annual meeting of the American Sociological Association (ASA).

Regulators and policymakers should avoid making premature long-term decisions about the structure of Fannie Mae and Freddie Mac in the aftermath of the federal government’s decision to take them into conservatorship, the University of North Carolina at Chapel Hill’s Center for Community Capital recommends.

Risky mortgage products, not risky borrowers, are the root cause of the mortgage default crisis, according to findings from a new study of default rates among low-income and minority home buyers conducted by the University of North Carolina at Chapel Hill’s Center for Community Capital.

As 2008 draws to a close with more than 2 million families who have lost their homes or face foreclosure and policymakers agreeing to spend billions of dollars to shock the economy back to life, UNC Center for Community Capital researchers today (Dec. 17) joined FDIC Chairman Sheila Bair and others for a New America Foundation-hosted panel discussion focused on effective policy responses to the foreclosure crisis that will resurrect … Read more

Identifying the core personal finance information all U.S. consumers should know and learning how education, social and behavioral factors affect financial well-being were among the 10 financial education research priorities released this week by the U.S. departments of Treasury and Agriculture.

The Federal Reserve Banks of Boston and San Francisco today (Feb. 18) released a new publication, Revisiting the CRA: Perspectives on the Future of the Community Reinvestment Act . It offers a range of perspectives on the past and future of the CRA, provides facts and highlights possible reforms.

Americans have long looked to college education as a way out of poverty and into the middle class. But a new study by the UNC Center for Community Capital reveals that soaring levels of debt among college students, particularly low-income minority college students, threatens to undermine the economic benefit of this key wealth-building tool.

Center for Community Capital associate director Janneke Ratcliffe joins a panel of national experts discussing best practices in responsible mortgage lending Thursday (May 6) at the Mortgage Lending Industry (MLI) Strategic Markets and Diversity Conference being held May 5-7 at the Gaylord National Resort & Convention Center in National Harbor, Md.

UNC Center for Community Capital director Roberto Quercia and associate director Janneke Ratcliffe are among the leading national experts invited to speak on responsible mortgage lending strategies during a Federal Reserve Bank of Philadelphia conference May 14.