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	<title>Sightline InstituteFewer Cars, Safer Mortgages - Sightline Institute</title>
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		<title>Fewer Cars, Safer Mortgages</title>
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		<pubDate>Mon, 08 Feb 2010 18:30:00 +0000</pubDate>
		<description><![CDATA[A low-car neighborhood reduces the risk of mortgage default. | Interesting.&nbsp; The Journal of Sustainable Real Estate recently accepted a paper showing that, after controlling for incomes, neighborhoods with low car ownership&nbsp;have fewer defaults on mortgages.&nbsp; NRDC took a look at the findings, and concluded that&#8230; &#8230;factors such as neighborhood compactness, access to public transit, and rates of vehicle ownership are key to predicting mortgage performance and should be taken more seriously by mortgage underwriters, policymakers, and real estate developers....]]></description>
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