The persistent racial gap in homeownership rates in the U.S. can be addressed by federal student loan forgiveness, down payment assistance, federal housing programs, lower mortgage interest rates, and increasing the number of Black real estate professionals.
Tag: Freddie Mac
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Title insurance helps homeownership for Black Americans and others
The Biden-Harris Administration is considering a pilot program to waive title insurance requirements for certain qualified homeowners, but this could have negative consequences for low-income and minority communities and could increase risk for little gain.