Tag Archives: Urban Institute

An upcoming Senate Banking Committee hearing will discuss with a panel of experts the growth of artificial intelligence and how its usage in the housing marketplace will be regulated as AI continues to evolve at a rapid pace.

An upcoming gathering hosted by the Urban Institute and National Community Stabilization Trust will feature a cross-section of industry experts and government leaders exploring how to boost the U.S. housing shortage and protect the future of homeownership.

Although denial rates are higher for Hispanic borrowers and worsening affordability continues to hinder homebuyers nationwide, a new study from the Urban Institute revealed that by 2040, an estimated 70% of new homeowners are projected to be Hispanic.

Between 2020 and 2040, some 70% of new homeowners are projected to be Hispanic, according to a new study from the Urban Institute. It reveals the Latino homeownership rate was just over 50% in 2021, representing the highest rate for Latinos since 2009.

New research from FHLBank San Francisco and the Urban Institute investigates ways to reduce mortgage default risk by utilizing mortgage reserve accounts that could help homeowners overcome temporary hardships, which would mainly benefit Black families, who are more than twice as likely as white families to lose their home to foreclosure.

Latino homeownership lagged 22 percentage points behind white homeownership in 2021 and experienced significantly higher mortgage denial rates than their white counterparts, according to Fannie Mae’s new Latino Housing Journey. Click through for more on the disparities Latino households face and policy solutions that could increase homeownership opportunities.

The Housing Choice Voucher homeownership program could help reduce the racial homeownership gap in the U.S., allowing households with a voucher to use it for mortgage payments rather than rent, advancing homeownership opportunities for Black non-Hispanic households.

Although women make up a higher share of college graduates, single female household heads still have substantially lower incomes and are more likely to raise children than single male household heads.

Through the purchase of Cherry Creek Mortgage, Guild Mortgage will integrate reverse mortgages into its traditional mortgage platform, using Guild’s nationwide retail team across nearly 300 branches.

Tai Christensen of Arrive Home explains why now is the time for the Black community to shift their spending and invest in the American dream of homeownership.