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Could mortgage reserve accounts reduce minority foreclosures?

Authors :
Finkelstein, Brad
Source :
American Banker; 6/26/2023, pN.PAG-N.PAG, 1p
Publication Year :
2023

Abstract

An Urban Institute and Federal Home Loan Bank of San Francisco paper suggests creating a pilot program in which some down payment funds are set aside in case the borrower runs into problems. [ABSTRACT FROM AUTHOR]

Subjects

Subjects :
RESERVES (Accounting)
MORTGAGE loans
MORTGAGES
BANK loans
FORECLOSURE
DOWN payments

Details

Language :
English
ISSN :
00027561
Database :
Complementary Index
Journal :
American Banker
Publication Type :
Periodical
Accession number :
164555910

Tools

Authors Abstract Subjects Details