Today, SP Group’s Pratima Damani and Alyssa Spina released a white paper on an assessment of housing counseling needs in collaboration with Summit.
During this assessment, we examine the type of housing counseling likely to be in demand during the next few years based on anticipated challenges affecting homeowners. This white paper presents our findings, focused on the following objectives:
- To identify the emerging trends and the challenges they present for the housing counseling industry,
- To discuss methods for leveraging capital through private-public partnerships to address anticipated challenges, and
- To examine evidence on the effectiveness of counseling and provide considerations for future evaluations of HECM and HELOC counseling.
Through this white paper, we present a closer look at current progress in the housing market and emerging trends in the housing counseling industry. We also describe methods for leveraging capital through public-private partnerships and considerations for econometric evaluations of HECM and HELOC counseling.