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Homeownership

Homeownership Is Not For Everyone

Jack M. Guttentag | Posted 12.11.2014 | Money
Jack M. Guttentag

Some people are not cut out to be homeowners. I call them NOHOs. What distinguishes them is not their income, their mobility, or where they live -- rather, it is how they live.

As America Becomes More Diverse, Lending Barriers to Minority Homeownership Demand Serious Leadership

Garrick T. Davis | Posted 11.19.2014 | HuffPost Home
Garrick T. Davis

Recently released mortgage disclosure data findings indicate that a majority of future U.S. households could face significant challenges in achieving homeownership.

Washington Sets the Pace on Income Inequality

Andre Shashaty | Posted 11.05.2014 | Business
Andre Shashaty

Amid all the recent reporting about income inequality in America, one fact has remained remarkably well hidden: Washington, D.C. has a higher level of inequality than any of the 50 states.

Future Homebuyer Pockets Picked By Washington Lawmakers

Garrick T. Davis | Posted 12.15.2014 | Politics
Garrick T. Davis

The homebuyer of tomorrow should not be asked to pay for the fleeting temporary tax reduction and unemployment benefit extension of yesterday.

Riots in the Streets?

Jim Gibson | Posted 12.13.2014 | Money
Jim Gibson

Are you aware that there is in fact a new improved credit score? Yes, that's right, a new kid on the credit scoring block. If actually used, this new credit scoring formula could actually end up helping those misrepresented by current credit scoring models.

Top Reasons Millenials Shouldn't Buy A Home...Yet

Michael Corbett | Posted 12.08.2014 | HuffPost Home
Michael Corbett

Home buying is not for everyone. For all the positive aspects to home ownership, there are some very compelling reasons not to buy a home right now. So, if you're ready to jump headfirst into the 'American Dream,' read this first.

Student Loan Debt and the Threat to American Homeownership

Garrick T. Davis | Posted 11.23.2014 | Money
Garrick T. Davis

An unsettling new normal has emerged in the wake of the Great Recession. There is an evolving relationship between student loan debt and homeownership in America. And it's not a good one.

Are We Building Too Many Single-Family Homes?

Jed Kolko | Posted 11.19.2014 | Business
Jed Kolko

The vacancy rate for single-family homes increased in 2013 and remains well above bubble and pre-bubble levels.

The Biggest Home-Buying Mistakes 5 Real Homeowners Made

LearnVest | Posted 11.11.2014 | HuffPost Home
LearnVest

It's next to impossible to get through the home-buying experience completely unscathed. Maybe you accidentally buy a house with mold in the basement (like I did) or you snag a condo across the street from what will soon be a multi-year redevelopment project.

The Fleeting Dream of Homeownership

Henry A. J. Ramos | Posted 11.09.2014 | Politics
Henry A. J. Ramos

America's homeownership divide is not only a problem in and of itself, but a symptom of many other obstacles to wealth accumulation that disproportionately affect America's black population.

FHFA Report a Waste of Taxpayer Time and Money

Garrick T. Davis | Posted 10.27.2014 | HuffPost Home
Garrick T. Davis

Released in July 2014, FHFA Brief 14-02, '"First Time Homebuyer Share and House Price Growth", arrives at a statistically supported conclusion that is at the very least predictable, if not painfully obvious.

Bank Of America Deal A Victory For New York Families

Eric T. Schneiderman | Posted 10.21.2014 | Politics
Eric T. Schneiderman

This settlement sends a strong message that banks that prey on customers and investors will be held accountable. I will continue to investigate financial institutions that bend the rules for their own benefit, and pursue equal justice for all New York families.

Student Loan and Mortgage Loan Debt: A Public Health Crisis?

Mechele Dickerson | Posted 10.12.2014 | Politics
Mechele Dickerson

Recent research about student loans and mortgages raises the question of whether having too much debt can make you sick. Survey results are particularly troubling because they suggest that it is the debt itself -- not the burden of repayment.

The Downside of Up: How Rising Mortgage Rates Will Lead to Lower Sales

Dr. Stan Humphries | Posted 10.08.2014 | HuffPost Home
Dr. Stan Humphries

For 30 years, falling mortgage interest rates have enabled homeowners to move into ever-larger homes on the promise of ever-cheaper financing. But that party is over, and the impact on existing home sales could be significant.

Racially Diverse Millennials Control the Housing Market

Mechele Dickerson | Posted 10.07.2014 | Politics
Mechele Dickerson

Since the housing market has not completely recovered from the 2007 housing crash, it now seems fashionable to find a scapegoat -- usually the Millennials -- to explain sluggish home sales.

The Future of the American Mood: Hispanic Millennials in Border States

Marian Salzman | Posted 09.09.2014 | Latino Voices
Marian Salzman

California and Texas, as well as Arizona and New Mexico, aren't just on the geographical border of the United States and Mexico. They're also a frontier between the America that we were and the America we're rapidly becoming.

The Case for Restoring the 97% LTV Mortgage at Fannie Mae and Freddie Mac

Tino Diaz | Posted 09.01.2014 | Politics
Tino Diaz

Keep in mind, Fannie Mae and Freddie Mac already purchase 97% LTV mortgages from state housing finance agencies throughout America. Why not reinstate this policy to help restore sustainable homeownership for responsible everyday borrowers while also helping to jumpstart America's economy?

Alarming Housing Forecast Matters to All of Us

Tino Diaz | Posted 08.03.2014 | Business
Tino Diaz

Lost in the constant and unending stream of national headlines last week was a troubling bit of economic news that could negatively impact each and every one of us.

Housing Finance Reform Should Now Focus on Fixing and Preserving Fannie Mae and Freddie Mac

John Taylor | Posted 07.19.2014 | Politics
John Taylor

Fannie Mae and Freddie Mac need to be regulated properly, they need to be required to maintain sufficient capital reserves, and they need to be operated transparently. But given the current legislation, eliminating them would be reckless and foolish.

Giving the Hen House to the Fox

Karen Hinton | Posted 07.16.2014 | Business
Karen Hinton

Some in Congress and in the administration want to do away with Fannie and Freddie and hand over their portfolio to the private banking industry, but without the previous requirements that banks do a certain amount of business with low-to-moderate income individuals.

Americans Vs. Reality: Why Your Home Is Not a Great Investment

The Motley Fool | Posted 07.02.2014 | Business
The Motley Fool

Assuming it's a superior long-term investment, one to rival stocks, is dangerous. There's just no evidence backing it up.

12 Home Deductions to Help Shrink Your Tax Bill

Michael Corbett | Posted 06.08.2014 | HuffPost Home
Michael Corbett

In the rush, you may be overlooking significant tax savings that homeownership can bring if you're planning to itemize your deductions this year.

Why Is Fannie Mae Evicting the Coronel Family?

Peter Dreier | Posted 06.08.2014 | Business
Peter Dreier

The Coronel family is part of a growing national movement to challenge Wall Street and the financial industry, whose predatory practices resulted in millions of Americans losing their homes and millions more still "underwater" with homes worth less than their mortgages.

Why We Are Losing the Tax Reform Debate

Martin Lobel | Posted 04.01.2014 | Politics
Martin Lobel

Reform does not mean raising taxes on the rich. It means cutting tax subsidies to the rich to slow the dramatic shift of wealth from the middle class to the very rich.

The President and the Pope: What's Missing From Their Inequality Talk

Dr. Maya Rockeymoore | Posted 06.01.2014 | Politics
Dr. Maya Rockeymoore

We knew before the meeting that economic inequality would be a topic of discussion, and afterwards we were told it was part of the conversation. Yet, I'm pretty certain that the elephant in the room was not discussed.