Building Assets, Building Credit: Creating Wealth in Low-Income Communities

Index

Aaronson, Daniel, 155 Abraham, Kenneth, 279 Abusive practices laws, 207, 224–26 Access element, IDA programs, 293–94 Actors Federal Credit Union, 334 ADD (American Dream Demonstration ), 293. See also individual development accounts (IDAs) Affirmative obligation laws, 207, 212–17 AFL-CIO, 330 African Americans: aggregate leverage study, 86, 91, 92; asset poverty, 316; credit quality trends, 161, 164; and credit scoring systems, 192; home equity wealth, 15, 84, 92, 100; lending discrimination patterns, 209, 210, 218; as market opportunity, 321–22; mortgage growth statistics, 111; refinance decisions, 76–77, 94, 97–100, 112; saving behavior, 305–06; subprime mortgage trends, 146; unbanked households, 49–52. See also Minority households Age correlations: aggregate leverage study, 85–92, 100; asset levels, 14–15, 16–20; credit quality trends, 167, 170; and credit scoring systems, 192; credit utilization, 20–21; home equity wealth, 14–15, 77–84, 92; refinance decisions, 96; saving behavior, 305–06; unbanked households, 49–52 Aggregate leverage study, 85–92, 100 Aguerre, I., 305 Aizcorbe, Ana M., 16, 18, 26, 56, 58, 299, 305, 317, 322 Akerlof, George A., 142 Alabama, 134, 135 Alexander, William P., 116, 117 Alternative financial services: explanations for using, 25–29, 45, 59–61; growth of, 320–21; household comparisons , 21–23; partnership opportunities , 333–35, 342–43. See also Unbanked households entries Alternatives Federal Credit Union, 323–24 381 Index 22 7409-5 index.qxd 7/13/2005 8:25 AM Page 381 Ambrose, Brent W., 15, 359–61 American Dream Demonstration (ADD), 293. See also individual development accounts (IDAs) American Dream Down Payment Initiative , 155 Ameriks, J., 302 Ameriquest, 135 Anderson, Elizabeth S., 217 Anderson study, credit reporting accuracy , 255–60 Anguelov, C., 300, 302, 305 Anti-discrimination laws, 208–09, 217–20 Apgar, William C.: chapter by, 107–37; comments on/citations of, 35, 104, 119, 120, 125 Archer, Wayne R., 76, 94, 96 Ards, Sheila D., 34 Arizona, CBO services, 128–29 Asians: as market opportunity, 321–22; mortgage growth statistics, 111, 218 Assets: limits and saving behavior, 287, 297; ownership, demographic comparisons , 1, 10–20, 78–84, 316–17. See also Home equity wealth Assets for Independence Act, 33, 292 Assistance element, IDA programs, 295 ATM transactions, 330, 335–36, 337, 341 Automated collections scoring, 363–65, 375 Automated underwriting systems: overview, 103–04; community-based organizations, 119, 125–26; consumer benefits, 140–41, 180–81, 374–75; and credit availability, 31–32. See also Credit scoring systems Automated voice response systems, 362–63 Automatic enrollment effects, 291–92, 295, 298, 305–06, 328 Avery, Robert B., 30, 97, 110, 159, 194, 199, 214, 245–46, 247, 248, 249, 262, 348 Ayres, Ian, 209 Bachelder, E., 305 Bair, Sheila C., 345 Banerjee, A. V., 302, 303 Banked households. See Transaction accounts; Unbanked households entries Bank of America, 332 Bank One, 335 Bankruptcy: filing rates, 20, 161; and workout options, 358, 370, 371 Barakova, Irina, 156–57 Barber, Brad M., 99 Baron, Jonathan, 221 Barr, Michael S.: chapters by, 206–36, 286–315; comments on/citations of, 203–04, 213, 224, 284, 286–87 Barron, John M., 184, 247 Basset, W. F., 295 Bayer, P. J., 294 Bayoumi, T., 75 Becker, Gary S., 208 Behavioral saving theories, 289 Belsky, Eric: chapters by, 1–41, 138–51; comments on/citations of, 43–44, 105, 215, 319 Benartzi, S., 306 Bendixen, Sergio, 323 Bernheim, B. D., 294 Berry, Christopher: chapter by, 47–70; comments on, 45 Berry, Jeremy, 210, 219, 222 Berube, A., 301 Bethex Federal Credit Union, 334 Beverly, Sondra G., 26, 33, 35–36, 287, 302, 321 Black, Harold A., 209 Blank, R., 301 Blunkett, David, 309 Boehm, Thomas P., 76–77, 209 Bostic, Raphael W.: chapter by, 155–72; comments on/citations of, 153, 199 Boston,120, 127–28 Bradbury, Katherine L., 24 Bradford, Calvin, 24, 113–14 Brobeck, Stephen: citation of, 238; section by, 153–54 382 index 22 7409-5 index.qxd 7/13/2005 8:25 AM Page 382 Broker mortgages, 112, 114–17, 210–11, 221–22 Browne, Lynne E., 209 Brumberg, R., 289 “Buffer-stock” saving models, 289 Buist, Henry, 209 Bunce, Harold, 113 Bush, George W. (and administration), 155, 192, 287, 308, 329 Buttimer, Richard J., Jr., 360–61 Cagan, P., 293–94 Calder, Allegra: chapter by, 10–41; section by, 203–05 Calder, Lendol, 20 Calem, Paul S.: chapter by, 155–72; comments on/citations of, 30, 145, 153...