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Brown, Scott R. – Journal of Policy Analysis and Management, 2016
The recent housing crisis has generated debate over the benefits and risks of policies and programs promoting homeownership for low and moderate income households. One important facet of this conversation is whether prepurchase homebuyer education (HBE) is effective in reducing default or foreclosure risk. Studies to date have primarily focused on…
Descriptors: Consumer Education, Housing, Loan Default, Risk