While majority of the neighborhoods across the nation have largely recovered from foreclosure crisis, the rising cost of living and owning a home continues to be a growing challenge.  The Housing Affordability Index (HAI) measures whether a typical family earns enough income to qualify for a mortgage loan on a typical home at the national and regional...more

Non-profits, while perhaps most suited to work with borrowers of seriously delinquent mortgages, face many challenges to independently purchase and resolve distressed mortgages. However, with strategic and financial partnerships, non-profits can overcome hurdles to participation in note sales.   A popular and effective means of resolving large numbers of defaulted single family home loans has...more