Homeownership Education and Counseling: Do We Know What Works?
In a new Mortgage Bankers Association study, CFS Faculty Director, J. Michael Collins and outreach Specialist, Collin O'Rourke, demonstrate in their research that potential homeowners who participate in pre-purchase education and counseling programs may be more likely to pay their mortgages on time. The study, Homeownership Education and Counseling: Do We Know Whay Works? was sponsored by MBA's Research Institute for Housing America (RIHA). In recent articles, Dr. Collins is quoted, "Over the past decade, concerns have been raised about the extent to which Americans as a whole are sufficiently financially literate to make the complex decisions required in the ever-changing financial marketplace."
Access article on MBA Newslink.
Access other article on Beyond Housing site.
