Research on the Caretaking of Children of Incarcerated Parents: Findings and Their Service Delivery Implications

This paper reviews research findings on caretaking-related problems associated with the absence of parents from the home following incarceration. It focuses on the impact of incarceration on the welfare and adjustment of urban African American children and on the assumption of caretaking responsibilities by other caretakers, principally maternal grandmothers. Noting the complex situational difficulties involved and the potential burdens associated with surrogate parenting in general, and with this population in particular, the service-provider implications of this parenting arrangement are considered in this review. Findings indicate that problems associated with incarceration of parents tend to be intergenerational and vary considerably in complexity and severity. To the extent that they impact the children involved, these issues should be addressed in coordinated service delivery focusing on prevention.     

Reverse Mortgage Fraud Against Seniors: Recognition and Education of a Burgeoning Problem

With the senescent population and the popularity of aging in place, many seniors are attracted to reverse mortgages to plan for retirement and to maintain their existing housing situation. Although theoretically reverse mortgages represent a viable investment product for those considering retirement, several pitfalls are possible for seniors, who can be unsuspecting victims of fraud. This article provides information detailing the etymology of fraud activities within this market through a storyboard that depicts the various stages of the fraud process. It is hoped that such a tool can enhance the education of consumers on this mortgage product.     

Does Housing Counseling Change Consumer Financial Behaviors? Evidence from Philadelphia

Pre-purchase homeownership counseling is a social service for low- to moderate-income households intent on becoming first-time homeowners. Despite the record number of low- and moderate-income households achieving first-time homeownership over the past decade, there is little research on housing counseling’s effectiveness, in terms of long-term positive financial behaviors. In addition, the research community has traditionally adhered to a proscribed definition of success within programs, which hinders evaluative efforts. This paper examines whether counseled borrowers have experienced financial behavior changes within 5 years after having purchased a home. There were mixed results regarding overall financial behavior changes. Agency identity had little influence on some counselees’ behaviors, while counseling agency characteristics had some limited effects on client behaviors.