Does Homeownership Provide an Escape from High Rent Burdens?
Tracy, Joseph; Gerardi, Kristopher S.; Frame, W. Scott; Dannels, Sam (2021-01-05)
Many first-time homebuyers—often with little savings and vulnerable to economic shocks—obtain their mortgages through the Federal Housing Authority (FHA) loan program. Often, these borrowers are moving from apartments and have presumably weighed the costs of renting versus owning.
Dallas Fed Economics

U.S. Economic Rebound Uneven amid Resurgent Local COVID-19 Outbreaks
Gross, Andrew; Crawford, Jackson; Atkinson, Tyler; Dannels, Sam (2020-08-04)
A full recovery to pre-pandemic levels of economic activity appears unlikely until the virus is under control.
Dallas Fed Economics

Highly Indebted FHA Borrowers at Special Risk as COVID-19 Forbearance Ends
Tracy, Joseph; Gerardi, Kristopher S.; Frame, W. Scott; Dannels, Sam (2020-09-29)
The situation appears most urgent for those borrowers who entered the crisis with a high debt load and little room to financially navigate without forbearance.
Dallas Fed Economics