Housing wealth is a largely untapped resource that can help older adults supplement their incomes and buffer financial … shocks in retirement. The federally insured reverse mortgage offers adults age 62 and older access to home equity with no … older holding a reverse mortgage. In this paper, we review barriers to borrowing from home equity, including an estimate of …

An oft-touted benefit of homeownership is the ability to build and access equity, and in recent years the amount of … mortgage equity withdrawal (MEW) loan products were denied. Black and Hispanic homeowners' applications were denied at even … with purchase and rate/term refinance mortgage applications. Controlling for loan and borrower characteristics commonly …

I study the implications of climate change and adaptation on housing and income, and wealth. I embed climate change in … redistributive, as it amplifies both income and wealth inequality. Low-income workers experience a relatively larger decline in … wealth rises. Furthermore, I find that adapting to climate change is more challenging for lowincome households who are …

points increase in annual growth rate of mortgage lending by CRA-regulated banks to CRA-eligible census tracts relative to a … the CRA, however, do not show any change in their mortgage supply between these two types of census tracts after 1998. I … take advantage of this exogenous shift in mortgage supply within an instrumental variable framework to identify the causal …

consumption decisions. Despite the fact that measuring housing wealth is crucial for understanding households' economic behavior … data requirements while still meeting international guidelines. Our results suggest housing wealth in Mexico has followed …

I study the implications of climate change and adaptation on housing and income, and wealth. I embed climate change in …, while the rate at which households with positive savings accumulate wealth rises. . Importantly, I show that adapting to … vulnerability to climate impacts exacerbates wealth inequality. This effect is amplified as low-income households become more …

household debt, wealth inequality and consumption volatility. The households' consumption function, in the model, incorporates a … wealth term and incomedependent marginal propensities to consume. These characteristics cause the consumption … caps affect household debt, wealth inequality and consumption volatility differently, mediated by changes in the housing …

individuals. We use this finding to construct a treatment and control group with parents' financial wealth as a proxy for being …