Hurry Home is trying to solve a big problem – many Americans have been shut out of the mainstream paths to homeownership, missing out on the key way families build wealth. One part of this problem comes from some of the houses being too affordable. There are desirable houses that cost less than $80,000 and there are people who want them, but banks are uninterested in originating mortgages for properties in this range due to regulation and profit structure. The prospective homeowners are left to either continue renting, earning no equity, or to find seller-financing, a field with its own big problems. Hurry Home offers a different way.
Stage: Non-equity Assistance
The Guardian - 19 hours ago
Slumping approval ratings, political deadlock at home and blunders on foreign policy leave the White House facing its moment of truth.