Jung Hyun Choi

1 week ago | urban.org | Janneke Ratcliffe |Laurie Goodman |Jung Hyun Choi |Sarah Rosen Wartell

Body Credit scores are a foundational component of the US housing finance system and a key indicator of a homebuyer’s ability to access homeownership’s wealth-building benefits.Credit scores are central to risk-based pricing decisions, loan terms, down payment requirements, and more.   Join the Urban Institute for a data-driven, evidence-based discussion on the evolution of credit scores in the housing finance ecosystem.

Jan 31, 2025 | urban.org | Laurie Goodman |Janneke Ratcliffe |Michael Neal |Jung Hyun Choi

Housing Finance At A Glance is a monthly reference guide policymakers and industry professionals have used since 2013 to stay informed about the latest mortgage and housing market data. The chartbook includes more than 80 updated figures describing current trends in the US housing finance market, such as housing affordability, credit availability, and serious delinquency rates.

Dec 5, 2024 | urban.org | Daniel Pang |Jung Hyun Choi |Katie Fallon

After a lull, the eviction crisis is escalating: in some states, eviction filings are 50 percent higher than they were prepandemic. Rising rents and an affordable housing shortage, coupled with the end of pandemic rent relief, stagnant wages, and higher costs of basic necessities, are fueling the trend.

Nov 27, 2024 | urban.org | Laurie Goodman |Janneke Ratcliffe |Michael Neal |Jung Hyun Choi

In the November 2024 edition of At A Glance, the Housing Finance Policy Center’s reference guide for mortgage and housing data, Year-over-year house price appreciation for the most expensive homes surpassed appreciation for the least expensive homes for the first time since March 2022, the number of mortgages with mortgage insurance is up from Q3, 2023, but the composition has shifted, with the FHA and VA share up, and the PMI share down, and the cashout share of refinances decreased by 20...

Oct 30, 2024 | urban.org | Laurie Goodman |Janneke Ratcliffe |Michael Neal |Jung Hyun Choi

In the October 2024 edition of At A Glance, the Housing Finance Policy Center’s reference guide for mortgage and housing data, the cashout share of refinances has decreased to the lowest share since October 202, prepayment rates and refinance shares of all loans are increasing, particularly among Ginnie loans and year-over-year house price appreciation has slowed over 2024.