A strong housing foundation is a key component of economic security.
Asian American wealth inequality is greater and rising faster than white wealth inequality.
A two-pronged attack is necessary to break down structural barriers that are preventing low-income families from finding affordable housing.
Although the national housing market outlook has improved in recent years, Midwestern voters—and the election results—may have been influenced by negative equity rates, housing instability, and a struggling mortgage market.
With 10,000 Americans turning 65 every day, the nation must put in place policies that ensure dignity and security in old age.
The housing needs of an increasing number of extended families are not being fully met by the current housing market.
New data on financial behavior and attitudes will update the state of financial inclusion.
Women and people of color face significant structural barriers to starting a small business and have lower rates of business ownership, but progressive policies that expand access to capital and support entrepreneurial education can help overcome these barriers.
The affordable housing challenges facing rural communities demand a careful look at strategies that can boost credit and help rural communities thrive.
To achieve economic security, middle-class Americans need policies that promote good jobs; a growing, inclusive economy; and affordable child care, higher education, health care, housing, and retirement.
Declining middle-class economic security is a policy choice. Here is a policy agenda for rebuilding it.
Given how central homes and communities are to people’s lives, federal and local leaders must work to ensure low-income families live in environments that are conducive to their success.
STATEMENT: CAP’s Sarah Edelman Commends the FHA’s Improvements to the Distressed Asset Stabilization Program
Washington, D.C. — Today, the Federal Housing Administration, or FHA, announced a set of policy changes to the Distressed Asset Stabilization Program, or DASP, which is the agency’s program for selling nonperforming mortgage loans. Many of the changes reflect policies that the Center for American Progress has advocated for as critical protections for homeowners and communities....
RELEASE: Stronger Standards Needed in the FHA’s Distressed Asset Stabilization Program, New CAP Report Says
New CAP report: Loans sold through DASP tend to be located in communities still recovering from the housing crisis and economic downturn. Washington, D.C. — Loans sold through the Distressed Asset Stabilization Program, or DASP—which allows the Federal Housing Administration, or FHA, to bundle and sell mortgage loans at risk of foreclosure to investors—tend to...
Strong standards are critical to ensure that the Distressed Asset Stabilization Program protects homeowners and neighborhoods still recovering from the housing crisis.