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News & Events
Mark Willis Speaks at Standard & Poor’s Housing Summit
June 9, 2011: Furman Center Resident Research Fellow Mark Willis joined the panel “Financing Affordable Housing: Options in Challenging Market Times” to discuss how housing finance reform may affect state and local housing finance agencies and the markets they serve, particularly underserved communities of first-time, low- and moderate-income, and minority homebuyers. The panel was part of Standard & Poor’s Housing Summit 2011: Boom, Bust, and Beyond.
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News & Events
Furman Center Researchers Present at American Real Estate and Urban Economics Mid-Year Meetings
June 2, 2011: Furman Center researchers presented findings at the American Real Estate and Urban Economics Mid-Year Meetings in Washington, DC on what happens to seriously delinquent borrowers and their homes. The study looked at borrower characteristics, loan type and terms, and property and neighborhood characteristics. View the presentation.
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News & Events
Ingrid Gould Ellen Speaks at Whitney Museum Event on Foreclosure
May 31, 2011: Furman Center faculty co-director Ingrid Gould Ellen discussed the connections between the subprime mortgage crisis in the United States and the psychic and social experience of home loss. The event was part of the exhibition Foreclosed: Between Crisis and Possibility, and began with a screening of Kamal Aljafari’s film Port of Memory.
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News & Events
Mark Willis Speaks at Microfinance USA Conference
May 24, 2011: Furman Center Resident Research Fellow Mark Willis joined a panel of experts to speak at the Microfinance USA Conference 2011 on modernization of the Community Reinvestment Act (CRA). The Community Reinvestment Act connects private and public institutions to meet the credit needs of under-served communities, and several bills are pending before the U.S. House of Representatives which would amend the law. Mark and other experts on the panel presented the key changes proposed by the bills and discussed why the law needs to be modernized, particularly in light of the subprime financial crisis.
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News & Events
Furman Center Faculty Director Speaks at Federal Reserve Community Affairs Research Conference
April 28: Furman Center Faculty Director Vicki Been addressed researchers, policy makers and practitioners and the Federal Reserve’s annual Community Affairs Research Conference in Arlington, VA. She presented findings on the factors that determine who receives a loan modification, based on research underway in a collaboration between NYU’s Furman Center and the Office of the Comptroller of the Currency. View her presentation.
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News & Events
Sarah Gerecke Moderates Foreclosure Panel at New York City Bar
March 29, 2011: Sarah Gerecke, Executive Director of the Furman Center, moderated a panel titled “The Residential Foreclosure Crisis: Where Do We Go From Here?” at the New York City Bar Association. The panel looked at policies that have been used to address the foreclosure crisis, such as the Home Affordable Modification Program, and also discussed what the future of mortgage lending and homeownership might look like. In addition to moderating, Sarah Gerecke presented on current foreclosure trends in New York City and how foreclosures affect renters, children and neighboring properties. View the presentation here.
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News & Events
Ingrid Gould Ellen Presents at New York Chapter APA Panel on the Foreclosure and Credit Crisis
March 21, 2011: Ingrid Gould Ellen gave a presentation on the causes and consequences of the foreclosure crisis in New York City at a panel discussion titled “2011: The Growing Impact of the Subprime Mortgage and Credit Crisis on New York City,” hosted by the New York chapter of the American Planning Association. Professor Ellen talked about the continuing impacts of foreclosures on people and neighborhoods, as well as the number and neighborhoods most affected. View slides of the presentation.
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News & Events
Furman Center Researchers Present at the HUD American Housing Survey User Conference
March 8, 2011: Furman Center researchers presented two new studies highlighting creative ways to use AHS data at the inaugural U.S. Department of Housing and Urban Development American Housing Survey (AHS) User Conference in Washington, DC. Keren Horn presented “Urban ‘Pioneers’: Why do Higher Income Households Choose Lower Income Neighborhoods?” which uses AHS data to study households who move into neighborhoods with lower incomes than their own in 1991-1995 and 2001-2005. Samuel Dastrup presented “Household Energy Bills and Subsidized Housing” which studies incentives that federal housing assistance programs create for whether tenants or landlords pay utility bills and for subsequent energy consumption.
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News & Events
Ingrid Gould Ellen Moderates Abu Dhabi Panel “Housing Middle Income Households in High Cost Cities”
March 3, 2011: Furman Center Faculty Co-Director Ingrid Gould Ellen moderated a panel at the NYU Abu Dhabi Institute on “Housing Middle Income Households in High-Cost Cities.” The panel discussed how the increase in income inequality over the past two decades has contributed to higher housing costs. Additionally, the panel noted that middle income households often get left out because they do not qualify for government housing programs and cannot afford housing due to the rising costs. Panelists included Talal Al Dhiyebi, Director of Planning and Infrastructure at Aldar Properties, and Val Zillig, Planning Manager at Urban Planning Council.
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News & Events
Josiah Madar Presents at FDIC Advisory Committee on Economic Inclusion’s Mortgage Subcommittee
March 1, 2011: Furman Center Research Fellow Josiah Madar joined the FDIC’s Advisory Committee on Economic Inclusion’s Mortgage Subcommittee for a forum, “Restoring Responsible LMI Mortgage Lending” on Tuesday, March 1st, 2011. Josiah discussed mortgage lending trends, obstacles, and challenges for low and moderate income households on a panel moderated by Barbara Ryan, Deputy to the Vice Chairman of the FDIC.