housing crisis

The Housing Affordability Crisis Episode 3: Turning the Tide

How do we fix this? Experts identify actions policymakers, communities, and banks can take now to spark systemic change and solve the housing affordability crisis.
Blog

In this special 4-part video series, Wells Fargo brings together problem solvers to discuss the housing affordability crisis in America, including Marc H. Morial, President of the National Urben League; Cerita Battles, Wells Fargo Home Mortgage; Keith Fairey, Enterprise Community Partners; Wells Fargo Senior Economist, Mark Vitner; and Vince Toye, Wells Fargo Community Lending and Investments.

Housing Affordability: An American Crisis

In this special series, Wells Fargo brings together problem solvers to discuss the housing affordability crisis in America — and how to bring about systemic change.
Blog

The lack of affordable housing in the U.S. is putting millions of people at the edge of crisis. Too many Americans are spending more than 50% of their income to keep a roof over their heads, experts say, and the crisis is costing the U.S. economy billions each year. In this special series, Wells Fargo brings together problem solvers to discuss the housing affordability crisis in America — and how to bring about systemic change.

America’s Housing Crisis Is a Chance to Change the Narrative and Fix the Future

Blog

by Zane Fischer, CEO, Extraordinary Structures 

A Good House is Hard to Find

Death and taxes may be certain, but food and shelter are non-negotiable. In the United States, we waste a lot of food, but we’re running out of houses. In a society ostensibly dedicated to life, liberty, and the pursuit of happiness, the right to protection from the elements seems distinctly absent.

The Challenges of Aging-In-Place

by Caroline Blakely, President and CEO of Rebuilding Together
Summary: 

In The New York Times piece "Aging in Place" columnist Jane E. Brody discusses the very real considerations that homeowners must take into account as they age. She brings up many valid points regarding the barriers to aging-in-place for older homeowners, and provides some great recourse and ideas for facing those challenges. However, as we continue the conversation around the housing crisis facing our aging population, it is vital that we also consider the aging-in-place needs of individuals with limited income.

Blog

In The New York Times piece "Aging in Place" columnist Jane E. Brody discusses the very real considerations that homeowners must take into account as they age. She brings up many valid points regarding the barriers to aging-in-place for older homeowners, and provides some great recourse and ideas for facing those challenges. However, as we continue the conversation around the housing crisis facing our aging population, it is vital that we also consider the aging-in-place needs of individuals with limited income.

Credit Rating Agencies are Miscalculating Risks of Climate Change, Report Finds

A new report argues that credit agencies’ failure to properly account for climate risks could lead to the next global financial crisis
Article

Originally posted on The Guardian.

Credit rating agencies still have a long way to go in incorporating climate change risks into their analyses, said Lenora Suki, head of sustainable finance product strategy at Bloomberg. “In general, they have yet to thoroughly and transparently integrate these emerging issues and concerns into traditional credit models,” she said.

Wells Fargo Cincinnati NeighborhoodLIFT Program Invests $5.2 Million to Boost Homeownership

Program kicks off on November 21-22 at Duke Energy Convention Center when eligible homebuyers can reserve $15,000 in down payment assistance grants
Press Release

CINCINNATI, October 27, 2014 /3BL Media/ – Wells Fargo & Company (NYSE: WFC), NeighborWorks America® and The Home Ownership Center of Greater Cincinnati, Inc. will join Cincinnati Mayor John Cranley to announce the Cincinnati Wells Fargo NeighborhoodLIFT®program, an initiative offering $5.2 million from Wells Fargo to boost homeownership and strengthen Cincinnati neighborhoods.

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