Publications

Publications

America’s Resilient Center and the Road to 2020 – Results from a New National Survey

The Progressive Policy Institute (PPI) today released a national opinion survey that highlights the surprising resilience of America’s pragmatic political center two years into Donald Trump’s deeply polarizing presidency. The poll reinforces a key takeaway from the 2018 midterm elections: Suburban voters – especially women – are repelled by the president’s racial and cultural demagoguery…

Updated Credit Scoring and the Mortgage Market

Our past event featured newly issued white papers from respected industry experts related to the ongoing GSE credit score evaluation. Topics include: Research from a leading analytics firm on the value that updated credit scoring models will add to the mortgage market; Economic and competitive issues in the credit scoring market as detailed by an…

Building a New Middle Class in the Knowledge Economy

The election of Donald Trump to the presidency in 2016 has made policymakers and politicians in the U.S. much more aware of an important demographic group - the white working class – than before. We have ignored their plight and their concerns for far too long, and have grown much too complacent about the extent…

Fighting Poverty with HOPE

Economists often apply the term “opportunity costs” to high and middle-income people, meaning that the time they spend on one task is time not available to perform other, potentially more valuable tasks. But social scientists rarely apply the concept to low-income people, acting as if their time is essentially worthless. Sort of like the spouse…

Unleashing Innovation and Growth: A Progressive Alternative to Populism

As Americans choose a new president in 2016, populist anger dominates the campaign. To hear Donald Trump or Senator Bernie Sanders tell it, America is either a global doormat or a sham democracy controlled by the “one percent.” These dark narratives are caricatures, but they do stem from a real dilemma: America is stuck in…

GSE Reform: Not So Fast

Like so many issues in Washington these days, the debate over what to do with the nation’s housing Government Sponsored Enterprises (GSE)—Fannie Mae and Freddie Mac—has been caught up in the Jihad against the role of government in any form. That’s a shame because last spring, with the announcement from Senate Banking Committee Chairman Tim…

Recovering Housing Market Solves Principal Reduction Dilemma

Senate Republicans are drawing a bead on Rep. Mel Watt (D-NC), President Obama’s pick to take over as Director of the Federal Housing Finance Agency(FHFA). A key reason is that Watt supports principal reduction, which is anathema to the GOP. It would be a shame, however, if Watt’s confirmation were scuttled over a dispute that…

Guidelines for Federal Housing Administration Reform

After the housing bubble burst, the Federal Housing Administration (FHA) rapidly expanded the scope of its mortgage insurance well beyond its traditional mission of helping low-to-moderate income, first-time home buyers.  Instead of lending directly to borrowers, the FHA insures mortgages in exchange for a premium, and only pays out the cost of those mortgages when…

Why the Housing Market Can’t Move On Without More First-Time Homebuyers

Writing for U.S. News & World Report, Jason Gold argues why the housing market needs more first-time homebuyers: Home values are now increasing nationwide. While that's certainly better than the alternative, a deeper dive into the data reveals a serious crack in the foundation: too few first-time homebuyers. First-time homebuyers are the vital first rung on…

Fiscal Cliff Shouldn’t Scare Homeowners, But 2013 Should

Writing for U.S. News & World Report, Jason Gold  explains the impact of the fiscal cliff on homeowners. With the clock ticking, the nation is engrossed in Washington's horse wrangling over the fiscal cliff, a nasty double whammy of spending cuts and tax hikes that experts predict could usher in another crippling recession. But while Democrats defend…
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