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Journal Article
Rent Reporting and the Importance of Credit-Building Options for Renters
Although making late housing payments can damage the credit of homeowners just as much as it damages the credit of renters, historically only homeowners have been able to build positive credit histories when they pay on time. Today, more than one-third of Americans rent their homes, a ratio that has increased since the start of the financial crisis. Rent reporting programs offer renters the opportunity to include on-time payments as valid trade lines on traditional consumer credit reports. The emergence of this system could provide millions of renters with the chance to build credit without ...
Journal Article
Manufactured homes help both save the planet and save money for low-income owners
Addressing affordable housing while simultaneously reducing pollution seems like an impossible task. Yet manufactured housing can do just that. The American housing market has long benefited from design and finance innovations to meet the changing demands of home buyers. It is also a sector of the economy that has been greatly affected by government interventions in the market. From local zoning and planning decisions to preferential treatment in the federal tax code, housing?s progression is a many-chaptered story.