“The Federal Financial Institutions Examination Council (FFIEC) today announced the availability of data on mortgage lending transactions at 7,062 U.S. financial institutions covered by the Home Mortgage Disclosure Act (HMDA). Covered institutions include banks, savings associations, credit unions, and mortgage companies. The HMDA data made available today cover 2014 lending activity, and include applications, originations,… Continue Reading
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Category Archives: Housing
24/7 Wall St. identifies the largest industry in each state
“Over the first half of this year, the U.S. economy generated slightly more than $17.9 trillion in goods and services, up $286 billion from the previous six months. The nation’s economy is driven by a wide array of industries, and every state in the country contributes billions of dollars to the national GDP.Real estate is… Continue Reading
Migration Policy – Deferred Action for Childhood Arrivals
Migration Policy Institute: “About the Data Hub – The Data Hub showcases the most current national and state-level demographic, social, and economic facts about immigrants to the U.S.; as well as stock, flow, citizenship, net migration, and historical data for countries in Europe, North America, and beyond. ” Deferred Action for Childhood Arrivals (DACA) Profiles… Continue Reading
Living Wage Calculator
Via MIT – “In many American communities, families working in low-wage jobs make insufficient income to live locally given the local cost of living. Recently, in a number of high-cost communities, community organizers and citizens have successfully argued that the prevailing wage offered by the public sector and key businesses should reflect a wage rate… Continue Reading
Millions of Americans experience poverty outside safety nets
Selling plasma to survive: how over a million American families live on $2 per day by Dylan Matthews on September 2, 2015 – “In early 2011, 1.5 million American households, including 3 million children, were living on less than $2 in cash per person per day. Half of those households didn’t have access to in-kind… Continue Reading
Household Debt and Business Cycles Worldwide
Mian, Atif R. and Sufi, Amir and Verner, Emil, Household Debt and Business Cycles Worldwide (September 3, 2015). Available for download at SSRN: http://ssrn.com/abstract=2655804 “A rise in the household debt to GDP ratio predicts lower output growth and higher unemployment over the medium-run, contrary to standard macroeconomic models. GDP forecasts by the IMF and OECD… Continue Reading
Census Data Used For Comprehensive Visualization of Segregation in American Cities
Wired – “This is the most comprehensive map of race in America ever created [by Dustin Cable at University of Virginia’s Weldon Cooper Center for Public Service]. White people are shown with blue dots; African-Americans with green; Asians with red; and Latinos with orange, with all other race categories from the Census represented by brown.… Continue Reading
Housing Tax and Transfer Programs Decrease Inequality
Gregory Acs and Paul Johnson, Urban Institute. August 18, 2015: “We examine the relationships between housing subsidies, the mortgage interest and real estate tax deductions, and income inequality and find that housing subsidies to low-income families reduce income inequality while the mortgage interest and real estate tax deductions increase it. On net, the distribution of… Continue Reading
Federal Response to Hurricane Katrina Reconsidered 10 Years Later
Nelson A. Rockefeller Institute of Government – Federal Response to Hurricane Katrina Reconsidered 10 Years Later By Marc Landy: “From 2006 through 2008, the Rockefeller Institute partnered with the Public Affairs Research Council of Louisiana to conduct a regional analysis of the recovery from Hurricanes Katrina and Rita in Louisiana, Mississippi, and Alabama. The Institute… Continue Reading
CRS – Effectiveness of the Community Reinvestment Act
The Effectiveness of the Community Reinvestment Act, Darryl E. Getter, Specialist in Financial Economics, January 7, 2015. “This report informs the congressional debate concerning the CRA’s effectiveness in incentivizing bank lending and investment activity to LMI borrowers. After a discussion of the CRA’s origins, it presents the CRA’s examination process and bank activities that are… Continue Reading
Who Is Actually Forming New Households?
Terner Center for Innovative Housing, UC Berkeley: “For several quarters, the Census has reported an increase in household formation. This is the turnaround that the housing market has been waiting years for. During the recession, the number of households grew slowly, as young adults increasingly stayed in their parents’ homes and others doubled up, too,… Continue Reading
NYDatabases.com
“As journalists, we work with mountains of data to help us spot trends, identify problems in our community and to hold public officials accountable. We present that data here at NYDatabases.com (formerly RocDocs), so that you can explore the issues yourself. Learn more about where you live, make informed decisions as a citizen, parent, or… Continue Reading
