neighborhood stabalization

Clustered Housing Cycles, Ruben Hernandez-Murillo, Michael Owyang & Margarita Rubio, FRB St. Louis Paper No. FEDLWP2-13-021.
Crowding Out Effects of Refinancing on New Purchase Mortgages, Steven A. Sharpe & Shane M. Sherlund, FEDS Working Paper No. FEDGFE2015-17.
The Determinants of Subprime Mortgage Performance Following a Loan Modification, Maximillian D. Schmeiser & Matthew B. Gross, FEDS Working Paper No. FEDGFE2015-06.
Which Way to Recovery? Housing Market Outcomes and the Neighborhood Stabilization Program, Jenny Schuetz et al., FEDS Working Paper No. FEDGFE2015-04.
Metropolitan Area Home Prices and the Mortgage Interest Deduction: Estimates and Simulations from Policy Change, Hal Martin & Andrew Hanson, FRB of Cleveland Working Paper No. FEDCWP1516.
Regional Redistribution Through the U.S. Mortgage Market, Erik Hurst, Benjamin J. Keys, Amit Seru & Joseph Vavra, Kreisman Working Papers Series in Housing Law and Policy No. 25.
Fewer Vacants, Fewer Crimes? Impacts of Neighborhood Revitalization Policies on Crime, Jonathan S. Spader, Jenny Schuetz & Alvaro Cortes, FEDS Working Paper No. 2015-088.
Fundamental Drivers of Dependence in REIT Returns, Jamie Alcock & Eva Steiner.

Consumer Financial Protection Bureau report Credit Invisibles estimates that 19.4 million Americans will have difficulty accessing credit for lack of credit history. This trend is most pronounced in the young and in poor black and latin populations.
The Department of Housing and Urban Development report Examination of Alternative FHA Mortgage Insurance Programs for Financing Single Family Rental and Small Multifamily Rental Properties considers, among other things, whether FHA should play a greater role in financing for small multifamily properties. Possible benefits include: a greater supply of affordable rental housing, a more diverse stock of rental housing and neighborhood stabilization benefits if better financing options spur investment in distressed properties.

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