Regaining the Dream

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Millions of Americans have lost their homes since the start of the recession initiated by the financial crisis of 200809. But is the dream of homeownership for America's working families obsolete, an aspiration from a bygone era? Regaining the Drea…

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    Om Regaining the Dream

    Millions of Americans have lost their homes since the start of the recession initiated by the financial crisis of 200809. But is the dream of homeownership for America's working families obsolete, an aspiration from a bygone era? Regaining the Dream rejects that notion and proposes a way to strengthen the financial system while simultaneously promoting an equitable and viable American homeownership policy.For the first time, the authors of Regaining the Dream offer data-driven evidence on how the mortgage industry can serve working families in the United States, pointing the way to a pragmatic housing policy that promotes the opportunity for sustainable homeownership.Taking the reader step by step through the lending crisis and what caused it, the authors include useful and clear definitions of terms heard almost daily in news coverage. And they give a fair account of the history behind Fannie Mae and Freddie Mac and the new Dodd-Frank law, explaining what remains to be done to uphold one of the defining characteristics of the American dream.

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    Detaljer

    Format
    E-Bok
    Kopisperre
    Teknisk DRM
    Filformat
    PDF
    Utgivelsesår
    2011
    Forlag
    Brookings Institution Press
    Språk
    Engelsk
    ISBN
    9780815721734
    Sider
    160

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