A first-of-its-kind look at research on the link between affordable housing and children's well-being has found that decent, affordable rental and owned homes play a critical role in improving the lives of children.Enterprise Community Partners and the Center for Housing Policy, which released the research survey, argued that the results show that housing should be elevated "to its rightful place" on the national agenda. "This comprehensive analysis provides real insight into the many ways in which quality, affordable housing can help in addressing this nation's health and educational challenges," said Jeffrey Lubell, executive director of the Center for Housing Policy. The study indicates that children of homeowners and their families achieve better physical and mental health than renters. Approximately 85% of homebuyers reported that homeownership made them feel better about themselves, indicating "a strong correlation between homeownership and overall health and well-being" mostly tied to housing stability, which "plays a key role in helping children do better in school."
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A federal judge in Texas dismissed the Consumer Financial Protection Bureau's medical debt rule and prohibited states from passing their own laws prohibiting medical debt on credit reports.
6h ago -
Dr. Mark Calabria takes on the additional role of chief statistician of the United States; retired Ally Bank executive Diane Morais has joined First Citizens Bancshares' board of directors; MainStreet Bank has promoted Alex Vari to chief financial officer; and more in this week's banking news roundup.
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While refinances are behind the latest increases, the pace of purchase activity may be a stronger indicator of where the housing market sits.
11h ago -
The share of economists expecting a September rate reduction grew in the July Wolters Kluwer survey, but the October or later percentage also increased.
11h ago -
Rising home prices and softening sales offer a mixed view of a market that some say is shifting to favor buyers.
11h ago -
The notes are backed by home improvement installment loans originated by approved dealers in Foundation Finance Company's network.
July 11