Does Homeownership Education and Counseling (HEC) help credit scores?

Journal of Social Service Research

Volumn 32, Issue 2, 2006, Pages 81-103

  Birkenmaier, Julie ^a   Tyuse, Sabrina W ^a  

^a SAINT LOUIS UNIVERSITY   (United States)

Author keywords

Affordable credit; Credit counseling; Homeownership

Indexed keywords

EID: 33746626926     PISSN: 01488376     EISSN: 15407314     Source Type: Journal    
DOI: 10.1300/J079v32n02_05     Document Type: Article

References (37)

1. Andreasen, A. R. (1977). Consumerism in the ghetto. Review of Black Political Economy, 7(4), 383-403.
2. Archer, W. R., Gatzlaff, D. H. & Ling, D. C. (1996). Measuring the importance of location in housing price appreciation. Journal of Urban Economics, 40(3), 334-53.
3. Carliner, M. S. (1998). Development of federal homeownership policy. Housing Policy Debate, 9(2), 299-321.
4. Consumer Affairs. (2005). Survey: Americans don't understand credit scores. Retrieved 3/18/05 from: www.consumeraffairs.com/news
5. Denton, N. A. (2001). Housing as a means of asset accumulation: A good strategy for the poor? In T. M. Shapiro and E. N. Wolff (Eds.) Assets for the poor: The benefits of spreading asset ownership (pp. 232-266). New York: Russell Sage Foundation.
6. Di, Z. X. & Liu, X. (2005). The importance of wealth and income in the transition to homeownership. Cambridge MA: Joint Center for Housing Studies, Harvard University.
7. Elliehausen, G. E., Lundquist, C. & Staten, M. E. (2003). The impact of credit counseling on subsequent borrower credit usage and payment behavior. Washington DC: National Foundation for Credit Counseling.
8. Federal Reserve Bank of Philadelphia (n.d.) Your credit rating: What it is and why it is one of your most valuable possessions. Retrieved 7/2/03 from: http://www.phil.frb.org/consumers/creditrating.htm
9. Federal Reserve Bank of Philadelphia (n.d.). Your credit rights. Retrieved 7/2/03 from: http://www.phil.frb.org/consumers/creditrating.htm
10. Federal Reserve Bank of Philadelphia (n.d.) What your credit rating says about you. Retrieved 7/2/03 from: http://www.phil.frb.org/consumers/ creditrating.htm
11. Galster, G. (1983). Empirical evidence on cross-tenure differences and community satisfaction. Journal of Social Issues, 28(3), 107-119.
12. Galster, G. (1987). Homeownership and neighborhood reinvestment. Durham, NC: Duke University Press.
13. Galster, G. & Mikelsons, M. (1995). The geography of metropolitan opportunity: A case study of neighborhood conditions confronting youth in Washington D.C. Housing Policy Debate, 6(1), 73-102.
14. Green, R. K. & White, M. J. (1997). Measuring the benefits of homeowning: Effects on children. Journal of Urban Economics, 41(3), 441-461.
15. Gyourko, J. & Linneman, P. (1993). Affordability of the American dream: An examination of the last 30 years. Journal of Housing Research, 4(1), 39-72.
16. Hartarska, V., & Gonzalez-Vega, C. (2002). Credit counseling and mortgage termination by low-income households. The Journal of Real Estate Finance and Economics, 30(3), 227-243.
17. Hirad, A. & Zorn, P. (2002). Prepurchase homeownership counseling: A little knowledge is a good thing. In N.P. Retsinas and E.S. Belsky (Eds.), Low-income homeownership: Examining the unexamined goal (pp. 146-174). Washington DC: The Brookings Institution.
18. Hornburg, S. P. (2004). Strengthening the case for homeownership counseling: Moving beyond "A little bit of knowledge. " Cambridge MA: Joint Center for Housing Studies, Harvard University.
19. Hughes, J. W. (1991). Clashing demographics: Homeownership and affordability dilemmas. Housing Policy Debate, 2(4), 1215-1250.
20. Jargowsky, P. A. (1997). Poverty and place: Ghettos, barrios and the American city. New York: Russell Sage Foundation.
21. Lacour-Little, M. & Green, R. K. (1998). Are minorities or minority neighborhoods more likely to get low appraisals? Journal of Real Estate Finance and Economics, 16(3), 301-315.
22. McCarthy, G. & Quercia, R. (2000). Bridging the gap between supply and demand: The evolution of the homeownership education and counseling industry (Research Institute for Housing America Report No. 00-01). Washington DC: Research Institute for Housing America.
23. Mallach, A. (2001). Homeownership Education and Counseling: Issues in Research and Definition. Federal Reserve Bank of Philadelphia. Retrieved November 5, 2002 from http://www.philadelphiafed.org/cca./capubs/homeowner.pdf
24. Mayer, N. (1981). Rehabilitation decisions in rental housing. Journal of Urban Economics, 10, 76-94.
25. Mortgage Information Service, (n.d.). Credit Grade Guide. Retrieved 10/25/04 from: http://mortgage-x.com/librry/credit_grade.htm
26. Nagel, S. S. (2002). Handbook of public policy evaluation. Thousand Oaks, California: Sage Publications.
27. Oliver, M. L. & Shapiro, T. M. (1995). Black wealth/white wealth: A new perspective on racial inequality. New York: Routledge.
28. Page-Adams, D. & Vosler, N. (1997). Homeownership and well-being among blue collar workers. Working paper #97-5. St. Louis, MO: Center for Social Development, Washington University.
29. Pennington-Cross, A., Yezer, A. & Nichols, J. (2000). Credit risk and mortgage lending: Who uses subprime and why? Working paper No. 00-03. Arlington VA: Research Institute for Housing America.
30. Pickvance, C. G. (1973). Life cycle, housing tenure and residential mobility: A path analytic approach. Urban Studies, 11, 171-188.
31. Privacy Rights Clearinghouse. (2004). Fact sheet #6: How private is my credit report? Retrieved 10/27/04 from: http://www.privacyrights.org/fs/fs6- crdt.htm
32. Rohe, W. M. & Stewart, L. S. (1996). Homeownership and neighborhood stability. Housing Policy Debate, 7(1), 37-81.
33. Schwartz, A. (1998). From confrontation to collaboration? Banks, community groups and the implementation of Community Reinvestment Act. Housing Policy Debate, 9(3), 631-662.
34. Shipler, D. K. (2004). The working poor: Invisible in America. New York: Alfred A. Knopf.
35. Tempkin, K. & Rohe, W. M. (1998). Social capital and neighborhood stability: An empirical investigation. Housing Policy Debate, 9(1), 61-88.
36. The White House Faith-Based and Community Initiatives. (2003). The White House faith-based and community initiatives. Washington DC: Author.
37. Wolff, E. N. (2001). Recent trends in wealth ownership. In T.M. Shapiro and E.N. Wolff (Eds.) Assets for the poor: The benefits of spreading asset ownership (pp. 34-73). New York: Russell Sage Foundation.