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Category Archives: Housing

New GAO Reports – Financial Audits of SEC, FHFA, Bureau of Consumer Financial Protection

  • FINANCIAL AUDIT: Bureau of Consumer Financial Protection’s Fiscal Years 2014 and 2013 Financial Statements, GAO-15-146R: Published: Nov 17, 2014. Publicly Released: Nov 17, 2014.
  • FINANCIAL AUDIT: Federal Housing Finance Agency’s Fiscal Years 2014 and 2013 Financial Statements, GAO-15-147R: Published: Nov 17, 2014. Publicly Released: Nov 17, 2014.
  • FINANCIAL AUDIT: Securities and Exchange Commission’s Fiscal Years 2014 and 2013 Financial Statements, GAO-15-166R: Published: Nov 17, 2014. Publicly Released: Nov 17, 2014.
  • INFORMATION SECURITY: VA Needs to Address Identified Vulnerabilities, GAO-15-117: Published: Nov 13, 2014. Publicly Released: Nov 17, 2014.
  • NOAA’S OBSERVING SYSTEMS: Additional Steps Needed to Achieve an Integrated, Cost-Effective Portfolio, GAO-15-96: Published: Nov 17, 2014. Publicly Released: Nov 17, 2014.
  • VA HEALTH CARE: Actions Needed to Ensure Adequate and Qualified Nurse Staffing, GAO-15-61: Published: Oct 16, 2014. Publicly Released: Nov 17, 2014.

Municipal Response to Fiscal Distress in Detroit

Wilson, Meghan, City Auction: Municipal Response to Fiscal Distress in Detroit (November 4, 2014). Available for download at SSRN: http://ssrn.com/abstract=2519149 “Over the last decade, several metropolitan cities have been forced to think critically about their long-term financial solvency. This paper considers the tangible impacts of long-term financial planning in Detroit, Michigan. In July of 2013,Continue Reading

Common European birds are declining rapidly while less abundant species’ numbers are rising

Salon: “A new study published in the journal Ecology Letters paints a stark picture of our changing climate: 421 million birds have disappeared from Europe since the beginning of the 1980s, resulting in a 20 percent decrease. “90 percent of that decline can be attributed to the 36 most common species,” said lead author Richard IngarContinue Reading

Concentration of Poverty in the New Millennium – Paper

Concentration of Poverty in the New Millennium: Changes in the Prevalence, Composition, and Location of High-Poverty Neighborhoods by Paul Jargowsky. December 17, 2013. [Paul A. Jargowsky is a fellow with The Century Foundation, professor of public policy and director, Center for Urban Research and Education, at Rutgers University – Camden, and a senior research affiliate of the NationalContinue Reading

New GAO Reports – Disability Compensation, DOD Business Systems Modernization, DOD Space Systems, Energy Policy

DISABILITY COMPENSATION: Review of Concurrent Receipt of Department of Defense Retirement, Department of Veterans Affairs Disability Compensation, and Social Security Disability Insurance, GAO-14-854R: Published: Sep 30, 2014. Publicly Released: Oct 30, 2014. DOD BUSINESS SYSTEMS MODERNIZATION: Additional Enhancements Are Needed for Army Business System Schedule and Cost Estimates to Fully Meet Best Practices, GAO-14-470: Published: Sep 30, 2014. Publicly Released: OctContinue Reading

Census Bureau Releases Industry Series Report on Accommodation

“The U.S. Census Bureau today released additional national-level data from the 2012 Economic Census Industry Series reports for the accommodation and food services sector of the economy. This release includes new statistics on the nation’s 63,896 accommodation businesses (NAICS 721), which reported sales of $195.4 billion and employed nearly 2.0 million people in 2012. Other highlights:Continue Reading

The Impact of Missed Payments and Foreclosures on Credit Scores

Demyanyk, Yuliya S., The Impact of Missed Payments and Foreclosures on Credit Scores (October 24, 2014). FRB of Cleveland Working Paper No. 14-23. Available for download at SSRN: http://ssrn.com/abstract=2514370 “This paper debunks the common perception that “foreclosure will ruin your credit score.” Using individual-level data from a credit bureau matched with loan-level mortgage data, it isContinue Reading

A blueprint for addressing the global affordable housing challenge

“Decent, affordable housing is fundamental to the health and well-being of people and to the smooth functioning of economies. Yet around the world, in developing and advanced economies alike, cities are struggling to meet that need. If current trends in urbanization and income growth persist, by 2025 the number of urban households that live inContinue Reading

American Community Survey: 2011-2013

“The U.S. Census Bureau today released the second of its annual series of data sets from the American Community Survey, this one combining the three years of data collected between 2011 and 2013. The statistics paint a detailed portrait of the nation, all states, and the District of Columbia, all congressional districts and all otherContinue Reading

The Unequal Mortgage Market Is No Coincidence

Michela Zonta, Center for American Progress: “Persistent racial and ethnic inequality in the mortgage market is not a coincidence. Nearly 50 years after the adoption of the Fair Housing Act, newly released federal data indicate that people of color continued to lose ground in the homeownership market in 2013. In particular, black and Hispanic households continued toContinue Reading

Returning to the Nest: Debt and Parental Co-Residence Among Young Adults

Dettling, Lisa J. and Hsu, Joanne W., Returning to the Nest: Debt and Parental Co-Residence Among Young Adults (September 2, 2014). FEDS Working Paper No. 2014-80. Available for download at SSRN: http://ssrn.com/abstract=2511411 “This paper examines the relationship between a young adults’ debt burden and the decision to co-reside with a parent. Using a quarterly panel ofContinue Reading

American Housing Survey: 2013 Detailed Tables

Release Number: CB14-TPS.78: “The first findings from the 2013 American Housing Survey are now available in the form of dozens of detailed tables and a microdata file. The American Housing Survey is conducted biennially and, as in past years, provides current national-level information on a wide range of housing subjects. Topics unique to this surveyContinue Reading