Alon Cohen explains that selling Fannie Mae’s foreclosed properties individually is risky while selling the properties in bulk ensures these foreclosed properties provide affordable, stable rental housing.
Alon Cohen updates CAP’s scorecard for Fannie Mae’s pilot program to convert foreclosed homes to rental properties.
Alon Cohen explains how joint ventures with community organizations will benefit Fannie Mae’s pilot program to rehabilitate its foreclosed homes to create more rental housing.
Alon Cohen explains why California representatives in Congress are wrong to prematurely condemn what is designed to be a pilot program.
Alon Cohen questions talk of a short-term rise in foreclosures due to a settlement with mortgage servicers and says this settlement could in reality prevent more foreclosures from happening.
The program is off to a promising start, but Alon Cohen and John Griffith are keeping an eye on affordable housing and responsible oversight.
David Min and Alon Cohen parse today’s announcement to see how it helps homeowners and housing markets while holding lenders accountable for the housing crisis.
Fannie Mae’s new pilot program with its portfolio of foreclosed properties is a step in the right direction, but policymakers must tread lightly, caution John Griffith, Alon Cohen, and Jordan Eizenga.
CAP’s housing experts detail how President Obama’s new mortgage crisis working group can bring order and justice to our housing finance system and help rebuild our economy.
Report Alon Cohen, Jordan Eizenga, John Griffith, Bracken Hendricks, and Adam James lay out a plan for removing a portion of government-owned foreclosed properties from the glutted for-sale market by converting them to affordable rental units.
Alon Cohen examines the reasons why we need to act on the new recommendations.
The Center for American Progress presents a way to help our housing markets and American taxpayers through a “rehab-to-rent” program on foreclosed homes.
Alon Cohen and Jordan Eizenga detail an exciting proposal to help stabilize the housing market while boosting employment.
Alon Cohen notes that more states are adding and expanding these successful programs. Any legal settlement with the nation’s largest lenders and servicers for mortgage servicing fraud should support them.
Alon Cohen explores how the new settlements between mortgage servicers and federal regulators may force state attorneys general to impose fines instead of seeking improved mortgage servicing practices.