The Urban Institute’s December 2018 edition of At A Glance, the Housing Finance Policy Center’s reference guide for mortgage and housing market data, includes updated figures describing the value of the housing market, nonbank originator shares in the agency market, and negative household equity.
The following is reprinted from The Urban Institute’s Housing Finance Policy Center.
As we publish our last Chartbook of 2018, and our 63rd Chartbook since inception, we wanted to say thank you to our readers for your continued support of our work. By using and sharing our data and analysis, you’ve helped us ensure that evidence and facts make their way into discussions and decisions about housing finance.
We also want to recognize the support of our founding funders including the Citi Foundation, the John D. and Catherine T. MacArthur Foundation, the Ford Foundation, the Open Society Foundations and the members of the Housing Finance Innovation Forum, a group of organizations and individuals that support high-quality independent research that informs evidence-based policy development. Without their generosity, this work would not be possible.
For quick reference, here’s a quick summary of the work the Urban Institute’s Housing Finance Policy Center produced in 2018 and a look ahead to our research plans for 2019.
In 2018, we produced:
- 49 blog posts
- 31 research publications
- 12 monthly data Chartbooks
- 12 monthly Global Markets Analysis reports
- An updated interactive feature on barriers to homeownership
- An updated interactive US Home Mortgage Disclosure Act map
- 7 data-focused public presentations
- 4 updates to our Housing Credit Availability Index
Our focus was on critical matters in the mortgage market, including:
- Millennial homeownership
- Barriers to access and affordability of housing in the US
- Recognizing the 50 year anniversary of Fair Housing Act and challenges for black homeownership
- The benefits and challenges of manufactured housing
- The lacking small-dollar mortgage market
- Where renters an afford to own homes
- Streamlined modifications
- The benefits of homeownership
- Key issues in mortgage servicing
We provided valuable evidence on emerging issues and policy, including:
- The effects of tax reform on housing costs
- The role of fintech in increasing access to credit
- FHFA’s credit scoring update efforts
- Replacing the GSE QM patch
- Efforts to revise the Community Reinvestment Act
- Proposed changes to the GSE capital standards
- The reemergence of cash-out refinancing
- The health of the Federal Housing Administration
- Impact of the housing crisis on self-employed households
We are looking ahead to 2019, when we will continue to analyze ongoing issues critical to the health of the housing market, and respond quickly to emerging trends. Among other things, expect to see work from us on these topics in 2019:
- The housing supply shortage
- Addressing the housing needs of the growing population of seniors
- The ongoing housing finance reform debate
- New leadership at the FHFA
- The evolving role of fintech in the mortgage market
- Increasing and sustaining minority homeownership
Please continue to use and share our work. Thank you for your support!