Gap: Grandparents Raising Grandchildren
The population of grandparents raising their grandchildren
is rising. These families face unique pressures, such as finding
appropiate and affordable housing. In Boston, one housing
community meets their needs. Others around the country may
be on the way.
Research Review Home Appreciation
Do homes in low- and moderate- income areas of a city appeciate
like homes in high income areas? Do owners of those lower-priced
homes accumulate as much equity as owners of higher-priced homes?
Karl Case and Maryna Marynchenko share their results, some of
which are quite surprising.
Compliance Corner Updating HMDA
Carol Lewis of the Boston Fed provides lenders and others
who track HMDA (Home Mortgage Disclosure Act) with an overview
of changes to the Regulation that takes effect in 2003. She
reviews the Regulation's expanding coverage, additional data
reporting requirements, and definition changes.
Banking Trends A Number or a Person?
This fourth article in a five-part series on credit scoring
showcases three different perspectives. Up for debate is how
lenders can ensure fair treatment to all mortgage applicants
and how consumers can be educated about the effect their credit
score has on loan pricing.