Karan Kaul

@FollowKaranK

Senior Research Associate at Urban Institute's Housing Finance Policy Center. Previously at Freddie Mac. Tweets are my own

Washington DCurban.org/center/hfpc/in…Joined December 2014

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247 Followers

Karan Kaul’s Tweets

@FollowKaranK

on the 2022 housing market: "If you think you're going to wait on the sidelines for the market to cool off, that usually doesn't work." (via

@alixlangone

)

cnet.com

What to expect from the housing market in 2022: Another sellers' market

Between inflation, supply chain woes and higher prices, it's going to be a tough market for homebuyers.

A third of refi applications by older Americans were denied because of high DTI ratios in 2018-2020. Read more in Mortgage Denial Rates and Household Finances among Older Americans by

and

GIF

Older Applicants Face the Highest Denial Rates for Forward Equity Extraction and the Lowest for #HECMs. Learn more in a new

report by

and

: Older homeowners are increasingly tapping their home equity to build wealth. But white homeowners have accounted for almost all the increase in equity lending, while Black homeowners have seen a drop in equity loans.

urban.org

More Older Americans Are Drawing Wealth from Their Home Equity, but Racial Gaps Persist

Reducing barriers to home equity lending can ensure all owners have the opportunity to access the wealth stored in their homes.

: "If you're a first-time homebuyer & you're depending on a mortgage that takes 2 months to close & you're competing against someone who's making a cash offer, you're at a disadvantage right off the bat." (via

@NBCNews

)

nbcnews.com

Who's outbidding you by tens of thousands of dollars for that home of your dreams? A hedge fund

These buyers often come armed with the kind of financial firepower ordinary Americans can't hope to match, housing experts say.

: "The bigger story by far is the fact that we just are not building enough new housing."

cbsnews.com

Investors with deep pockets drive up housing costs

Many American families looking to buy a home are being outbid by investors with deep pockets. The latest Home Price Index Report shows that house prices have increased at a yearly pace of more than...

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: "Parents or families with more wealth can help with a down payment, so the impact is intergenerational... If your parents aren’t homeowners, then right away, you are less likely to be a homeowner." (via

@kateberry1

)

americanbanker.com

Whose American Dream

More than 50 years since the passage of fair-lending laws, homeownership remains out of reach for many people of color.

: "Two borrowers with similar circumstances often receive different treatment because different entities own their loans." (via

@DSNewsDaily

)

dsnews.com

Almost 3 Million Homeowners May Not Qualify for COVID Relief

The Coronavirus Aid, Relief, and Economic Security (CARES) Act offered 12 months mortgage forbearanc...

: "There’s absolutely nothing to be embarrassed about — if you’re impacted by Covid, it’s not your fault. This is something that will help you preserve your liquidity." (via

@Megan_Leonhardt

)

cnbc.com

Millions of Americans have their mortgages in forbearance programs—here's why those using private...

About 4 million homeowners are currently in some type of mortgage forbearance program. But experts say those who are seeking relief with private lenders may have a more challenging road ahead because...

Slowly but surely, the 2017 Trump tax bill is pushing New Yorkers and others to flee for low-cost states like Florida. wsj.com/articles/out-o via

@WSJ

wsj.com

Out-of-State Buyers Flock to Miami

South Florida home purchases have jumped as residents of New York and other high-tax states head south after the 2018 tax law capped deductions.

From

: The mortgage market is not meeting the needs of self-employed workers urbn.is/2RsSvFz

Karan Kaul

@FollowKaranK

Aug 21, 2018

How hard is it to get a mortgage? Nearly impossible for FICOs under 620. Certainly wasn't this way in 2000.

Karan Kaul

@FollowKaranK

Jul 30, 2018

Will adjustable-rate mortgages ever come back? linkedin.com/pulse/adjustab

Check out this new

article about our report #GinnieMae2020! Read the full article to learn more about Ginnie Mae’s modernization efforts and priorities for the future: bit.ly/2tIFhpd

From

: 3 strategies to ensure that a new

@amazon

headquarters in the DC area brings inclusive growth:

bizjournals.com

Viewpoint: Amazon HQ2 journey exposes region's challenges

Racial and economic inequities that have long plagued our area could threaten our progress.

FHFA issues proposed rule on capital for

and

We're hiring research associates, communications managers, and more. View open positions and apply (and spread the word!): urbn.is/23hIpmM

answers questions about the #housing market 10 years after the crash including what's the biggest problem today (spoiler alert: it's supply) and how can we help more families become homeowners. urbn.is/2sif7d8

The

"Housing Finance at Glance" monthly report is really good. Interesting charts from the report showing importance of 30 yr mortgage to U.S. housing (even if it's unique to us) and elevated-GSE securitization share post-crisis.

With house prices increasing rapidly, many of you are probably wondering whether we are in another #housingbubble. The short answer is no. For a very insightful long answer, listen to this #NPR clip:

npr.org

Baby Bubbles : The Indicator from Planet Money

Housing markets are hot. But are they bubblicious?

had been granted adequate funding to upgrade a 30 year old IT database, the #FHA might have avoided insuring these ineligible loans, writes

@followkarank

& E. Golding.

urban.org

Failure to fund system upgrades at the FHA could cost taxpayers $41 million

In 2016, the Federal Housing Administration insured approximately 9,507 mortgages for ineligible borrowers.

Will #fintech bring underserved consumers into the financial mainstream or simply improve the experience for those already in the market? urban.org/urban-wire/wil

Show this video to every pro athlete today twitter.com/NHL/status/985

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Karan Kaul

@FollowKaranK

Apr 6, 2018

Our latest research shows why improving access to credit is easier said than done:

urban.org

Fannie Mae’s efforts to ease mortgage access show how hard it is to balance risk and access

Well-intentioned efforts to improve credit availability can run into roadblocks, and need transparency to succeed.

I am a 3rd grade teacher in Kansas. I am trying to teach my class about the power of Twitter and how fast information can spread. If you could RT this tweet/comment where you are reading from I would really appreciate it. I am planning to share results with them on 1/12. Thanks!

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