Millions of Americans have lost their homes since the start of the recession initiated by the financial crisis of 2008-09. But is the dream of homeownership for America's working families obsolete, an aspiration from a bygone era? "Regaining the Dream" rejects that notion and proposes a way to strengthen the financial system while simultaneously promoting an equitable and viable American homeownership policy.

For the first time, the authors of "Regaining the Dream" offer data-driven evidence on how the mortgage industry can serve working families in the United States, pointing the way to...