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Building Assets, Building Credit

Building Assets, Building Credit
Author: Nicolas P. Retsinas
Publisher: Brookings Institution Press
Total Pages: 413
Release: 2006-05-25
Genre: Business & Economics
ISBN: 0815797842

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A Brookings Institution Press and Harvard University Joint Center for Housing Studies publication Poor people spend their money living day to day. How can they accumulate wealth? In the United States, homeownership is often the answer. Homes not only provide shelter but also are assets, and thus a means to create equity. Mortgage credit becomes a crucial factor. More Americans than ever now have some access to credit. However. thanks in large part to the growth of global capital markets and greater use of "credit scores," not all homeowners have benefited equally from the opened spigots. Different terms and conditions mean that some applicants are overpaying for mortgage credit, while some are getting in over their heads. And the door is left wide open for predatory lenders. In this important new volume, accomplished analysts examine the situation, illustrate its ramifications, and recommend steps to improve it. Today, low-income Americans have more access to credit than ever before. The challenge is to increase the chances that homeownership becomes the new pathway to asset-building that everyone hopes it will be.


Building Assets, Building Credit

Building Assets, Building Credit
Author: Harvard University. Joint Center for Housing Studies
Publisher:
Total Pages:
Release: 2003
Genre: Consumer credit
ISBN:

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Building Wealth

Building Wealth
Author: Russ Whitney
Publisher: Simon and Schuster
Total Pages: 290
Release: 1995
Genre: Entrepreneurship
ISBN: 0684800519

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A self-made millionaire describes what it takes to turn a dream of wealth into a reality, offering practical, proven techniques and strategies for recognizing, seizing, and getting the most out of money-making opportunities in real estate.


Providing Access to Affordable Credit to the Poor

Providing Access to Affordable Credit to the Poor
Author: Julie Birkenmaier
Publisher: VDM Publishing
Total Pages: 216
Release: 2007
Genre: Architecture
ISBN: 9783836428446

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Asset building has become an increasingly important component of social welfare policy in recent years. For families seeking to build assets through home ownership, raising credit scores is often a key element of their prepurchase efforts. Low income and minority families in particular can struggle with poor credit scores and seek Homeownership Education and Counseling (HEC) services to assist them to raise their credit score and access affordable mortgage credit. This book examines the effectiveness of credit counseling within HEC services on credit scores. Quantitative data were gathered via preand one year post-counseling credit scores from 203 clients who obtained pre-purchase credit counseling. Qualitative findings from a focus group of HEC credit counselors shed light on the role of credit counselors in HEC services and difficulties encountered in interfacing with the sub-prime mortgage market. This book is addressed to community development, mortgage finance and public policy professionals and researchers.


Asset Building and Low-income Families

Asset Building and Low-income Families
Author: Signe-Mary McKernan
Publisher: The Urban Insitute
Total Pages: 304
Release: 2008
Genre: Business & Economics
ISBN: 9780877667544

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Low-income families have scant savings to cushion a job loss or illness, and can find economic mobility impossible without funds to invest in education, homes, or businesses. And though a lack of resources leaves such families vulnerable, income-support programs are often closed to those with a bit of savings or even a car. Considering welfare-to-work reforms, the increasingly advanced skill demands of the American workforce, and our stretched Social Security system, such an approach is inadequate to lift families out of poverty. Asset-based policies--allowing or even helping low-income families build wealth--are an increasingly popular strategy to facilitate financial stability.


Building Assets for Low-income Families

Building Assets for Low-income Families
Author: United States. Congress. Senate. Committee on Finance. Subcommittee on Social Security and Family Policy
Publisher:
Total Pages: 204
Release: 2005
Genre: Business & Economics
ISBN:

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How to Build Wealth

How to Build Wealth
Author: Peter Suchy
Publisher: How to Build Wealth
Total Pages: 264
Release: 2008-01-03
Genre: Business & Economics
ISBN: 9781432717230

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Learn How to Build Wealth! How to Build Wealth will... * Explain HOW to start from the bottom * Describe HOW to cut costs and control your expenses * Detail the relationship between your emotions and money * Outline a safe and effective wealth building process * Provide unconventional ways to accelerate * Explain rarely discussed methods and behaviors * Show HOW the process works in the real world * Help you to make the best financial decisions * Give you wisdom to instruct your children and your grandchildren * Help to protect you from devastating mistakes * Actually show you HOW to build wealth * Apply to YOUR life, TODAY! This book is all substance. It contains no filler. It makes no empty promises. You do not need to know the mayor, you do not need an MBA, and you do not have to set aside your convictions. If you want to know HOW to Build Wealth, you want this book!


The Value of Debt in Building Wealth

The Value of Debt in Building Wealth
Author: Thomas J. Anderson
Publisher: John Wiley & Sons
Total Pages: 278
Release: 2017-02-06
Genre: Business & Economics
ISBN: 1119049296

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The book of financial wisdom that your future self will thank you for reading For many adults under 40, 'debt' is a four-letter word—something that should be avoided but is all too often unavoidable. In The Value of Debt in Building Wealth, bestselling author Thomas J. Anderson encourages you to rethink that. You'll walk away from this book with an understanding of how you can use debt wisely to secure the financial future you envision for yourself and your family. Student loans, mortgages, lines of credit, and other forms of debt are all discussed in detail, with a focus on smart planning for those who are accumulating assets—and debt—now. Should you rent or buy? How important is liquidity? What is good versus bad debt? How much debt should you have? What debt-to-income and debt-to-asset ratios should you aim for? Fixed debt or floating debt? What's the best way of saving for college and retirement? These are big questions that deserve thorough answers because the choices you make now could influence the course of your life. This thought-provoking book will open your eyes to savvy financial strategies for achieving your goals faster and with healthier bank accounts. Explore strategies for smart debt management, explained by one of the nation's top financial advisors Gain an understanding of investment basics and key financial concepts you'll need to achieve your long-term goals Understand the risks of having debt and the potential risks of being debt-free Make financial decisions now that will maximize your wealth, freedom, and opportunity later This book is not about buying things you cannot afford. It is about liquidity, flexibility and optimizing your personal balance sheet. The Value of Debt in Building Wealth is full of ideas you can apply to your own situation—no matter what your current asset level. Read this book today and thank yourself later.


Financial Capability and Asset Building in Vulnerable Households

Financial Capability and Asset Building in Vulnerable Households
Author: Margaret S. Sherraden
Publisher: Oxford University Press
Total Pages: 473
Release: 2018
Genre: Business & Economics
ISBN: 0190238569

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Financial Capability and Asset Building in Vulnerable Households is the first book of its kind. It prepares students and practitioners for financial practice. This comprehensive text offers knowledge and skills to enable families to improve their financial circumstances, and to promote policies and services for household economic security and development.