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Why Do We Need Small-Dollar Mortgage Innovations?
As the new Presidential Administration settles into Washington, DC, many are asking: what comes next? A critical topic is examining and improving the landscape of “small-dollar mortgages.”
A recent opinion piece in The New York Times explains that small-dollar mortgages—generally loans under $100,000—make up a significant portion of the housing market but remain underserved by traditional mortgage lenders. In fact, a substantial percentage of homes in certain areas fall with
Feb 212 min read
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