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People ages 45 to 59 are the most likely to refinance, according to Demos, a nonprofit public-policy organization in New York City. The real estate bubble will eventually burst, says Cary Silvers, vice president of New York City--based GfK NOP, a market-research company that in 2004 gathered

When an appraiser overvalues a home that can lead to an upside down mortgage where you end up owing more than the property is worth. "This is a major problem," says David Callahan, with an advocacy group called Demos that recently looked into just how widespread the problem is. Appraisal experts and

Demos's senior research associate and author of A House of Cards: Refinancing the American Dream, Javier Silva, said that, even in the absence of a real estate crash, many families "are facing a financial crisis," partially because they've taken on more mortgage debt. As more and more people have

According to a study released in April by Demos, a public policy group in New York City, people are borrowing more than their homes are worth, and as a result, the amount of home equity has fallen from 68 percent in the early 1970s to 55 percent last year. Florida's red-hot real estate market may

Javier Silva of Demos, a New York-based think tank, yesterday opposed any change. Raising the limit would extend a dangerous trend of loosening lending standards to enable consumers to buy homes they can't truly afford, Silva said. "The answer is to find ways to lower home prices, not simply raise

But a recent report by Demos, a think tank in New York, said the refinance boom has put many homeowners at financial risk because inflated appraisals that are used to refinance homes can leave homeowners with negative equity in their properties. As falling interest rates transformed millions of U.S

The study revealed some startling results that suggest a college education has become unaffordable to many young adults. For example, more students are taking on debt to finance their college education because of a shift in federal student aid programs. In 1980, the most common form of college

New York, NY — Today, the Building Movement Project, a national initiative to promote nonprofit organizations to work towards social change, announces the release of Up Next: Generation Change and the Leadership of Nonprofit Organizations. The report, produced in conjunction with the Annie E. Casey

Heather McGhee, economic-policy analyst with Demos said progressives value "shared prosperity." Campus Progress, a project of billionaire George Soros's Center for American Progress (CAP), seeks to "empower a new generation of progressive leaders."