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Rethinking Duties to Serve in Housing Finance

October 1, 2013

As the nation rebuilds its housing finance system, a key question is whether lending institutions have “duties to serve” (DTS) – obligations to reach out to traditionally underserved communities and borrowers – and, if so, by whom, with what and how. This paper discusses the importance of homeownership for economic opportunity and recommends reforms that will make DTS more effective.

Risk, Access and the QRM Reproposal

September 26, 2013

Researchers review evidence that concludes the August 2013 reproposal by regulators of the Credit Risk Retention Rule called for under Dodd–Frank aligning the definitions of Qualified Residential Mortgages (QRMs) with Qualified Mortgages (QMs) will provide reasonable balance of broad access with sound lending.

Reexamining the Social Benefits of Homeownership after the Housing Crisis

August 1, 2013

Researchers examine whether and how the recession and housing crisis have altered interest in homeownership or its actual impacts. They focus on five social impacts: psychological health, physical health, parenting and children’s academic achievement and behavior, social and political participation, and neighborhood/social capital.

Center for Community Capital presents foreclosure analysis at summit

June 19, 2013

A UNC Center for Community Capital analyst today offered local and state authorities at the Virginia Foreclosure Community Impact Summit in Richmond an overview of best practices to minimize the effects of home foreclosures and prevent similar problems in the future.

For Whom the Bell Tolls: Making the Best Choice for Borrowers in a Bad Situation

June 19, 2013

OPINION: In the absence of any real solution to fundamentally address this problem, any policy initiative that continues to put the well being of Wall Street and the lending industry ahead of the ability of many Americans and their children to build wealth should fail in the long run. That failure is a price none of us should be willing to pay.