In the News
Center researchers are cited frequently in media reports discussing trends and issues related to financial capital and its impact on people and communities. Here are recent examples.
March 31, 2016 | CFSI Financial Solutions Lab Blog
What Startups Learned from FinLab’s First Year Or, Five Key Takeaways from UNC’s Evaluation of FinLab
The Center for Financial Services Innovation’s Financial Solutions Lab blog reports on key takeaways from the UNC Center for Community Capital’s review of CFSI’s first year providing support to help its 2015 nonprofit and startup lab winners create better products for consumers.
December 13, 2014 | The New York Times
A Home of One’s Own
The New York Times Editorial Board points to the center's long-term study of affordable home lending as evidence that lower-income families can become successful homeowners and call for policies that enable that.
November 1, 2014 | CFSI Blog
Neighborhood Trust Financial Partners: Lean Social-Sector Innovation
A CFSI blog post discusses the iterative process of developing a beneficial financial services product, using PayGoal as an example. The center will evaluate the impact of this product to ensure it meets its goal of helping financially underserved workers employed by small-to mid-sized companies improve how they save, spend, and manage their budgets.
October 7, 2014 | Spotlight on Poverty and Opportunity
Low-Down-Payment Lending: A Critical Step toward Equitable Homeownership
Senior research associate Allison Freeman says lending to LMI borrowers can be successful with small down payments, even if borrowers do not contribute the entire down payment themselves. Should legislators and policymakers choose to increase down payment requirements despite evidence that this is not needed, then they must also increase their support for community programs to help all qualified borrowers make their down payments.
September 8, 2014 | WUNC 91.5
Credit Officers, Lenders In Raleigh For American Mortgage Conference
Center Executive Director Janneke Ratcliffe tells Leonide Inge that access to mortgage credit is the pressing challenge for housing recovery. "Simply put, I think we're stuck in an over-correction...There’s a whole population of millennials who could really bring some serious energy back to the housing market, but they are not able to get mortgages with low down payments.”
September 1, 2014 | Community Investments
The Continuing Importance of Homeownership: Evidence from the Community Advantage Program
The Federal Reserve Bank of San Francisco's Summer/Fall 2014 magazine, which focused on "Rebalancing the American Dream," includes an essay by senior research associate Allison Freeman discussing the efficacy of making home loans to low- and moderate-income families in the aftermath of the mortgage finance crisis.
August 21, 2014 | National Mortgage News
Why Mortgage Lenders Have a Duty to Serve
Editor-at-large Mark Fogarty writes about the controversial question of whether mortgage lenders have a duty to serve underserved communities and potential homebuyers raised in a new book chapter by center Executive Director Janneke Ratcliffe with Adam Levitin.
August 11, 2014 | HSH.com
Bankruptcy can save your home from foreclosure
Research director Mark Lindblad tells HSH.com that homeowners in danger of losing their homes to foreclosure have an unlikely ally - bankruptcy - but not all bankruptcies are created equal.
July 8, 2014 | MSNBC
Buying a home: The American dream that won’t die
Janneke Ratcliffe tells MSNBC it's a mistake to assume that homeownership itself fueled the crisis.
June 19, 2014 | National Mortgage News
Dave Brat Fudges the ‘Blame Fannie and Freddie’ Narrative
Writer Austin Kilgore points to a center policy brief to discount remarks by Virginia Republican House of Representatives contender David Brat blaming the the 2008 crisis on Fannie Mae and Freddie Mac. Kilgore notes that virtually all academics and respected analysts have rejected that view.