Insights on Reverse Mortgage Default
U.S. Department of Housing and Urban Development/PD&R Edge
December 16, 2014
Researchers at Ohio State University recently completed an analysis of default risk in the Home Equity Conversion Mortgage (HECM) program. This analysis, an example of evidence-based policymaking at HUD, was funded through grants from the MacArthur Foundation and HUD. The HECM program enables homeowners over the age of 62 to withdraw equity from their homes to supplement existing income, finance home improvements, or meet unanticipated expenses. More...
Photo: J. Ronald Terwilliger
Enterprise Community Partners
Housing America's Increasingly Diverse Population
December 15, 2014
J. Ronald Terwilliger, founder of ULI Terwilliger Center for Housing and Enterprise Community Partners' Chairman of the Board, gave a John T. Dunlop Lecture about the growth of the country’s diverse population and the subsequent housing needs. “Housing challenges and opportunities are arising from the demographic trends that are transforming America, and I believe these new demographic realities require us to fashion a more balanced federal housing policy, one in which federal resources are targeted to assist those who are most in need of help, both homeowners and renters.” More…
Photo: Marc Sarnoff and
Camillus House stakeholders
The Camillus House Mat Program Provides Immediate Solutions for Miami's Homeless
Commissioner Marc Sarnoff
December 11, 2014
Marc Sarnoff is the Commissioner of District 2, City of Miami, which contains 61 percent of the entire homeless population of Miami-Dade County. Commissioner Sarnoff spearheaded the Mat Program at the Camillus House which provides its homeless members with a cushioned mat, medical care, meals, clothing, a library, a computer room, a kennel for dogs, and an opportunity to transition to a stable Camillus House program. The Mat Program, a mix of public and private funds, is innovative in that it doesn’t discriminate against a person’s current situation, it is focused instead on immediately helping those in crisis. More...
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"Housing America's Increasingly Diverse Population"