Effects of Homeownership Education on Foreclosure Prevention for First-time Homebuyers
| dc.contributor.author | Johnson, Sarai | |
| dc.contributor.author | Miller, Marcella | |
| dc.contributor.author | Qiu, Jin | |
| dc.contributor.author | Spencer, Jessica | |
| dc.contributor.author | Stout, Odile | |
| dc.date.accessioned | 2011-10-24T18:55:43Z | |
| dc.date.available | 2011-10-24T18:55:43Z | |
| dc.date.issued | 2011-06 | |
| dc.description | Examining committee: Colleen Chrisinger, faculty advisor | en_US |
| dc.description.abstract | The purpose of this research project was to provide an outcomes-based and process evaluation of the effectiveness of The ABC’s of Homebuying, the homeownership education program administered by NEDCO (Neighborhood Economic Development Corporation). NEDCO is a Community Development Corporation and HUD approved Housing Counseling Agency, which serves two counties in Oregon. By tracking participant loan performance, specifically the occurrence of 90-day default, the analysis aimed to draw inferences about the program’s impact. Demographic, mortgage and property information was gathered on both defaulting and non-defaulting participants in order to examine whether patterns of default are correlated with demographic or financial characteristics. These data were used to perform a logistic regression to determine whether certain indicators, such as annual income, are statistically significantly associated with default. The analysis also compared the annual percentage of NEDCO participants who defaulted to the annual percentage of Lane County homebuyers who defaulted on their loans in the same time period. Three research questions were examined: 1) Do homebuyer education participants have lower rates of default than the general population? 2) Among NEDCO participants, are there differences in demographic or mortgage characteristics between groups that did and did not default on their loans? 3) Are any demographic or mortgage characteristics significant predictors of default within the data of NEDCO participants? | en_US |
| dc.identifier.uri | https://hdl.handle.net/1794/11694 | |
| dc.language.iso | en_US | en_US |
| dc.publisher | Department of Planning, Public Policy & Management, University of Oregon | en_US |
| dc.subject | Homeowners -- Education | |
| dc.subject | Foreclosure | |
| dc.title | Effects of Homeownership Education on Foreclosure Prevention for First-time Homebuyers | en_US |
| dc.type | Other | en_US |