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This working paper provides an ex post evaluation of the Section 502 Low-Income Home Ownership program of the Farmer's Home Administration (FmHA). Using a fully specified multivariate analysis, the evaluation specifically seeks to analyze the program's delivery system and the effect of that...
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"Backed by extensive study of mortgage loans made to low-income Americans over a ten-year period, argues that in the wake of the financial crisis of 2008-09, lenders need not shy away from the low-income as risks but institute equitable and sustainable homeownership policies that include...
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