Housing Commission Blog

Housing agencies recognize it is possible to manage risk with sound underwriting, while simultaneously expanding access to mortgage credit
Oct. 28, 2014

There’s no question that “put back” risk – the prospect that the GSEs will require mortgage lenders to repurchase defaulted loans even years after origination – is a major factor contributing to excessively tight credit standards that have dampened the housing market. If the goal is to improve access to mortgage credit, then clarifying and easing the rules regarding put backs is a critical step.

The crisis continues to affect the attitudes of the American public toward housing
Sep. 22, 2014

Long-term interest rates may be a near record lows, and international markets have done U.S. markets a favor by conspiring to keep U.S. rates even lower as their central banks are behind the Fed in moves, but despite very favorable rate conditions, many American families are still feeling the squeeze when it comes to housing affordability.

While it appears the American dream of homeownership is still on the minds of this younger generation, many among them possess considerable doubts
Sep. 16, 2014

It is considered by experts to be one of the biggest challenges facing the housing market today. The so-called “Millennials” – the generation following the once-considered-rudderless Generation X – has yet to move into the housing market en masse.

Sep. 16, 2014

Dowell Myers, demographer with the USC Sol Price School of Public Policy, joined BPC’s 2014 Housing Summit to discuss how demographic trends will shape the US housing market and whether federal policy will anticipate the significant shifts taking place.

The FHA’s role has evolved over time, moving from 8% of the market to over 30% in the financial crisis
Sep. 16, 2014

Little known prior to the 2008 financial crisis, the Federal Housing Administration is one mortgage market player that made it through the ordeal with its reputation intact and remains a central figure in the discussion over the future course of federal housing finance policy.

Aug. 26, 2014

Peter Elkowitz

New insights from former FHA Commissioner Brian Montgomery will be showcased at the opening session of the 2014 Housing Summit. He will join three other former FHA commissioners and current Commissioner Galate. With three weeks to go, don’t forget to register here.

Aug. 14, 2014

Peter Elkowitz

The 2014 Housing Summit is one month away. Hear what Peter Elkowitz, president and CEO of the Long Island Housing Partnership is looking forward to discussing with his fellow panelists on the afternoon of Tuesday, September 16. The panel will tackle the questions about how to improve access to mortgage credit for responsible borrowers. Peter also recently contributed to our expert forum about shared equity housing models. You can check out more here

Aug. 5, 2014

QUESTION: Americans now hold close to $1.2 trillion in outstanding student loan debt making it the second largest form of consumer debt after home mortgages. What are the implications for housing markets, household formation, and economic mobility for the next generation? Are there creative approaches to reduce the burden?

Guest_Expert.jpg
The Subprime Education Crisis
By David A. Smith

Remember the subprime housing crisis? Now we have a subprime education crisis. This one is worse in two ways: asset-value recovery and a flawed governance model that is simply making the problem worse.

From 2001 to 2011, the median mortgage balance of homeowners aged 65 and older increased 82 percent
Jul. 29, 2014

The graying of America will force our nation’s leaders to rethink policies in fields ranging from health care to public safety to transportation. For housing policymakers, a major challenge will be responding to the needs of the overwhelming majority of seniors who will seek to age in place in their own homes and communities. 

Jul. 28, 2014

This week we have a few thoughts from Kris Siglin at the Housing Partnership Network who will pack a punch on an all-star panel of housing practitioners as they discuss the way housing shapes and forms communities on the afternoon of Tuesday, September 16. Kris also reflects on her time working on the housing commission that preceded the BPC effort – The Millennial Housing Commission – as well as her time on the Hill with one of our co-chairs, Senator Kit Bond.

Pages