Homeownership and America's Financial Underclass

Homeownership and America's Financial Underclass

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Argues US leaders should re-evaluate housing policies and develop new ones that ensure Americans have access to affordable housing, whether rented or owned.The recent housing slump had a more devastating effect on the economy than any U.S. housing crisis since the Depression. ... by 2011 even the Federal Housing Administration (FHA) approved fewer loans to borrowers with low credit scores.

Title:Homeownership and America's Financial Underclass
Author: Mechele Dickerson
Publisher:Cambridge University Press - 2014-06-30

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