among the least creditworthy households, suggesting an important role for long-term preparation for homeownership …

homeownership experience during the recent housing boom and housing bust was not homogenous across all groups in the U.S. The recent … deterioration of underwriting practices and a boom in mortgage lending did not benefit minorities and immigrant homeownership in the … U.S. Blacks experienced significantly lower increase in homeownership than the whites but highest exit from …

mortgage crisis, which, in contrast to the preceding housing boom, was not accompanied by a rise in homeownership rates. Using … declines in the homeownership rates …

latter see it as rooted in the US legacy of racial/ethnic inequality, and especially in racial residential segregation …

One overlooked consequence of America's foreclosure crisis is the impact it had on school segregation. Using data on … Florida schools, we find that the crisis reduced the racial segregation of elementary schools by opening up affordable housing … experiment testing whether more affordable housing in predominantly white school attendance zones will decrease segregation …

This paper provides the first rigorous assessment of the homeownership experiences of subprime borrowers. We consider … to evaluate these issues, we analyze homeownership experiences in Massachusetts over the 19892007 period using a …

to a substantial increase in homeownership by minorities, but instead generated turnover in properties owned by minority …