In their recently published Housing Policy Debate article, co-authors Stephen Ross and Marsha Courchane present an overview of the research on discrimination in mortgage underwriting and pricing, the experiences of minority borrowers both prior to and during the financial crisis, and federal efforts to mitigate foreclosures during the crisis. They discuss the history of legal cases alleging disparate treatment of minority borrowers, and recent cases alleging disparate impact in the wake of the Supreme Court’s Inclusive Communities decision. Using these discussions as a background, Ross and Courchane examine and discuss mortgage regulations issued by the Consumer Financial Protection Bureau following the financial crisis, describe recent developments in the FinTech industry and explore the implications for fair lending policy and minority borrowers more generally. The authors draw conclusions and make recommendations for improving the mortgage market outcomes of minority borrowers and increasing minority borrowers’ access to credit.
Fenaba Addo, assistant professor of Consumer Science at the University of Wisconsin-Madison, published a paper in the Journal of Family & Economic Issues, which examines the contribution of wealth to racial/ethnic disparities in unintended first births. The full paper is now available.
The Center for Financial Security and the Asset Funders Network (AFN) collaborated on a case-study investigation of employer-based financial coaching programs in the latest research: Supporting Employee Financial Stability: How Philanthropy Catalyzes Workplace Financial Coaching Programs. This brief shares innovative approaches employers believe increase recruitment and retention while impacting employee financial well-being.
- Coaching in Context: Coaching Clients Through Crisis
- Broadening the Discussion about Measures
- Training Opportunities & Coaching Census
- Tele-coaching: Easy access to free financial coaching services
- Review You Can Use
- Interview with Health Coach Karen Lawson
- Financial Coaching Spotlight: Capital Good Fund
- Introducing the FCSportal.org