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Celebrating 20 Years of Land Banks in Michigan

Center for Community Progress

Positive impacts of land banks in Michigan All across the country, land banks have documented positive benefits for the communities they serve. Of the more than 15,000 homes sold by the Detroit Land Bank since 2014, about 70% were bought by Detroit residents. and the mortgage rate increased 5.6% What’s next for Michigan land banks?

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Leaving Academia With Dr. Julie Ann Ward, Dr. Stephanie Weaver, and Dr. Krista Kurlinkus

Grant Writing Made Easy

I started my PhD in Hispanic Languages and Literatures at UC Berkeley, in one of the more prestigious programs in my field, in 2008. When I got my job in 2014, there were 208 tenure-track Spanish positions advertised ; in 2022 there were only 44. This was also the beginning of the Great Recession.

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Current GSE Guarantee Fees Are Too Low to Be Consistent with Regulatory Capital: Does This Mean a Large Increase Is Coming?

The Stoop (NYU Furman Center)

percent) in 2014, after having been purposefully increased by the FHFA and the two GSEs in prior years. percent range since 2014, rather than being materially lower or higher, does not seem to be well understood in the industry or among policy specialists. percent to 0.49 percent to 0.49

2008 52
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Closing Cost Reform: Long Overdue and Worth the Fight (Part 1)

The Stoop (NYU Furman Center)

The ten-year average from 2014 to 2023 was 6.4 In both documents, see the section titled “Financing the Home Purchase.” Post-2008, with all the reforms enacted via the Dodd-Frank Act (e.g., 5] See National Association of Realtors (NAR) 2023 Profile of Home Buyers and Sellers. Behind a paywall.) 10] See [link]. [11]

Housing 52
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Government Mortgage Interest Rates: A Serious Discussion about the Intertwined Topics of Risk Adjustment and Cross-subsidies

The Stoop (NYU Furman Center)

This was described on the one hand as unfair, since it relied on overcharging low-risk borrowers “who had played by all the rules” and, on the other hand, as unduly incenting bad loans at the GSEs (by charging too little for high-risk loans) in a quasi-replay of the lead up to the mortgage bubble of 2005 to 2008.