Summit Releases New White Paper on Housing Counseling

Today, Summit's Chief Housing Economist Dr. Edward Seiler and Senior Research Fellow Dr. George Cave released a white paper on the housing counseling industry in collaboration with SP Group. 

During this assessment, Summit and SP Group examine the type of housing counseling likely to be in demand during the next few years based on anticipated challenges affecting homeowners. This white paper presents our findings, focused on the following objectives:

• To identify the emerging trends and the challenges they present for the housing counseling industry,
• To discuss methods for leveraging capital through private-public partnerships to address anticipated challenges, and
• To examine evidence on the effectiveness of counseling and provide considerations for future evaluations of HECM and HELOC counseling.

Through this white paper, Seiler and Cave present a closer look at current progress in the housing market and emerging trends in the housing counseling industry. Seiler and Cave also describe methods for leveraging capital through public-private partnerships and considerations for econometric evaluations of HECOM and HELOC counseling.