Affordable Housing Institute : US

[Related to but independent of yesterday’s post .]
 
Yesterday’s post explored the lender’s first critical and unvoiced question: “why are you in trouble?”, and emphasized how important it is to have a convincing and positive answer to the question, right on the tip of your tongue.
 

I’ve been making the monthly payments
 
However, even after this question is […]

As the nation sorts through the subprime mess, seeking programmatic or bulk resolutions of the many borrowers who are or may be delinquent, it’s helpful to recognize that, as in Anna Karenina, every borrower’s problems are his own and every delinquency has its own story.

Every loan case file tells a story
 
In previous posts, I’ve explained […]

Recently I was in Mumbai for a few days, meeting Jockin Arputham, head of India’s National Slum Dwellers Federation (about which more in future blog posts).  Mumbai traffic being what it is, Jockin’s principal office is his car. 
 

Life in the fast lane – if it looks like we’re not moving, it’s because we aren’t
 
We […]

Recently I was in Mumbai (Bombay), India, looking at India’s slums (reasons why to be addressed in future posts), in Dharavi, about which I posted at length some time back. 
 

 
Those who live in Dharavi have it better than some, Mumbai’s pavement dwellers, who live – eat, sleep, and cook – on rectangular plots […]

[Continued from yesterday’s Part 1.]
 
Yesterday we explored the first three phases: Conceptualization, Enactment, and Chaos.  Now the program starts maturing.
 

You’re more successful if you’re Mature
 
4.         Codification.  After a program has been running for a while — measured by time, number of properties, or range of circumstances — the rule-writers take over.  This is regulation and […]