"In the United States, homeownership is synonymous with economic security and middle-class status. It has played this … role in American life for almost a century, and as a result, homeownership's centrality to Americans' economic lives has … twentieth century. At the Boundaries of Homeownership traces how the government's role in this became submerged from public view …

-income rental assistance and policies to promote homeownership through interventions in mortgage markets. We describe the rationales …

This chapter considers the structure of mortgage finance in the United States and its role in shaping patterns of … homeownership, the nature of the housing stock, and the organization of residential activity. We start by providing some background … on the design features of mortgage contracts that distinguish them from other loans and that have important implications …