MORTGAGE DEBT OVERHANG AND HOUSING INVESTMENT
Heavily indebted homeowners reduce their home improvement and maintenance spending by 30%.
CONFLICTS OF INTEREST IN FINANCIAL ADVICE?
Financial advisors invest personally in the same underperforming strategies that they recommend to clients.
THE REAL COST OF PAYDAY LENDING
Payday loans worsen, rather than alleviate, the economic distress of low-income households.
JOB LOSS, UNEMPLOYMENT INSURANCE, AND MORTGAGE DEFAULT
Expansions in unemployment insurance prevented 1.3 million foreclosures between 2008 and 2013.