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      Homeownership, Military Service, and the Importance of VA Mortgages in Washington


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      November 12, 2019

      Tuesday  12:30 PM

      500 L'Enfant Plaza SW
      Washington, District of Columbia 20593

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      EVENT DETAILS
      Homeownership, Military Service, and the Importance of VA Mortgages

      Please note! The Urban Institute has moved to 500 L'Enfant Plaza SW.Please contact events@urban.org for directions.  Homeownership, Military Service, and the Importance of VA Mortgages The US military has helped level homeownership opportunities between whites and people of color, and Veterans Affairs (VA) mortgages are an important contributing factor. In this Data Talk, Urban researchers will present demographics of homeownership, comparing US military veterans with nonveterans. They will also explore the use of VA mortgages, showing that the strongest concentration in VA mortgage origination is around large military installations, particularly in the South, even after controlling for the number of veterans and active service members in the area. Researchers will also assess who uses the VA mortgage program, examining service members’ home loan choices by credit score and differences in median loan amounts, as well as short-run delinquency outcomes for service members compared with non–service members. Speakers: Jung Hyun Choi, Research Associate, Housing Finance Policy Center, Urban Institute  Lauren Lambie-Hanson, Principal Financial Economist, Supervision, Regulation, and Credit Department, Federal Reserve Bank of Philadelphia Patrick Lapid, Economist, Office of Research, Consumer Financial Protection Bureau Sarah Strochak, Research Analyst, Housing Finance Policy Center, Urban Institute Todd M. Hill-Jones, Policy Program Manager, Housing Finance Policy Center, Urban Institute (moderator) Check-in and breakfast will be available at 12:00 p.m. and the program will begin promptly at 12:30 p.m. Please contact events@urban.org with questions regarding this event. 

      Categories: Politics & Activism

      Event details may change at any time, always check with the event organizer when planning to attend this event or purchase tickets.