Housing counseling can increase homeownership opportunities for economically disadvantaged households. Prior research has generally viewed counseling as a means to reduce risk for mortgage lenders and insurers. This approach, which comes from the industry perspective, ignores important...

<title>Abstract</title> In the 1980, 1990, and 2000 censuses, Hispanic households had the lowest rate of homeownership of any major ethnic group. Since 2000, however, growth in Hispanic homeownership has outpaced that of other groups. This article uses a four‐stage transitional framework to examine Hispanic...

An examination of the charitable giving behavior of 16,442 households reveals intriguing patterns consistent with the club-theoretic approach to religious sect affiliation. The club-theoretic model suggests that individuals with lower socioeconomic standing will rationally be more likely to...

Financial deregulation starting in the 1980s provided families both economic opportunities and risks. Rapidly increased mortgage, credit card and other debts are out of control among many families, which arguably caused the recent great recession. The purpose of this study is to describe...

Consumer debt delinquency, as measured by being 60 or more days late in in debt payment, is an indicator of financial ill health. Using six datasets of the 1992-2007 U.S. Surveys of Consumer Finances, this study examines consumer debt delinquency over life cycle stages. Inspired by previous...