Press

Op-eds and Articles

Weinstein for The Hill, “The right way to create greater competition in consumer credit scoring”

Why is the decision to promote competition in the credit scoring model industry complicated? At first blush it would seem to make perfect sense. More competition could lead to lower costs for those who use the scores. Furthermore, it might increase the likelihood that some qualified individuals — who may not be approved for a…

How the Housing Recovery Will Become Sustainable

After the country (and the world) witnessed the debacle of the government shutdown, most Americans are now convinced there isn't a thing policymakers in Washington truly agree on. Only the threat of a global economic calamity in the form of a debt ceiling breach forced Congress to agree on reopening the federal government. But while…

More Evidence That Ending Fannie Mae and Freddie Mac Is a Mistake

Last week, I argued against Congressional proposals to "get government out of housing" by killing government backed mortgage firms Fannie Mae and Freddie Mac. Now comes fresh evidence that buttresses my view that the private sector just isn't ready to take up the slack if the two mortgage giants are eliminated. This week, Redwood Trust, one of…

PPI in the News

Weinstein for The Hill, “The right way to create greater competition in consumer credit scoring”

Why is the decision to promote competition in the credit scoring model industry complicated? At first blush it would seem to make perfect sense. More competition could lead to lower costs for those who use the scores. Furthermore, it might increase the likelihood that some qualified individuals — who may not be approved for a…

Washington Post: The new Democratic Party proposal to rival Bernie Sanders’ socialism

Simplicity is one of Bernie Sanders' great strengths: Corporations and the rich have rigged the economy. His solutions sound simple, even when the plans behind them are complicated: college for all, health care for all, tax the rich, break up big banks. He trails Hillary Clinton in presidential delegates to this point, and he remains…

USA Today: Sizzling tech economy is fueling urban renaissance

In USA Today, Sam Zuckerman discusses the explosion of tech jobs and their impact on urban areas. While Zukerman notes the ability of tech jobs to bring economic growth to cities, he also highlights the negatives that come with the tech economy, primarily the increasingly high cost of housing that forces long-term resdients to move…

Press Releases

5 Housing Issues Hanging in the Balance Going Into Obama’s 2nd Term

In U.S. News & World Report, Jason Gold outlines the five housing issues that will need attention in Obama's second term: "Underwater homeowners, tight credit availability, and foreclosures have continued to threaten the nascent economic recovery. So when the nation's serious housing issues were barely mentioned during election campaigning, it left many scratching their heads,…

New PPI Battleground Home Values Index: Home Prices in 16 Swing States Down an Average of 16% Since 2008

NEWS RELEASE  FOR IMMEDIATE RELEASE CONTACT: Steven Chlapecka – schlapecka@ppionline.org, T: 202.525.3931 WASHINGTON—The Progressive Policy Institute (PPI) today unveiled a new “Battleground Home Values Index” showing how home prices in 16 potentially key states have failed to recover since the last presidential election in 2008. In these 16 states, home prices are down an average…