Posts Tagged ‘Mortgage Market’
Mortgage Market Still Hampers Housing Recovery
The Realtors say it, the home builders say it, and now the chairman of the Federal Reserve is saying it: “Some creditworthy borrowers are still having trouble getting a mortgage.”
Loan Limits a Constant Volley
Sure, Republicans are rallying to slaughter Fannie and Freddie, but they're really the only game in town for the mortgage market.
20 Percent Mortgage Down Payment Under Fire
Adversity makes strange bedfellows, and today's mortgage market is nothing short of adverse.
Credit Rules the Housing Market
Existing home sales were basically flat in April, down close to one percent month to month and down nearly 13 percent year over year, but you have to remember last year we were heavily under the influence of the home buyer tax credit. Now we are heavily under the influence of the mortgage market, or lack thereof.
New Evidence Mortgage Market is Choking Housing Recovery
An improving jobs picture may be improving demand for housing, but that demand is hamstrung by equally low confidence in home ownership and inability to obtain good financing.
Mortgage Reform Storm Is Brewing
Tomorrow morning the FDIC will release and vote on proposed risk retention rules for the mortgage market.
Big Changes Coming for Mortgage Market
What leaked last week was the idea of reducing Fannie, Freddie and FHA loan limits, currently at $729,750 for high-priced markets to $625,000.
What MA Foreclosure Court Ruling Really Means
Now that the Massachusetts Supreme Court has upheld a lower court's ruling that Wells Fargo and U.S. Bancorp did not have the proper paperwork to foreclose on two homes, the question is what that means for the broader mortgage market and the future of millions of foreclosures in or about to be in process?
Mortgage Market Underestimating Defaults
Analysts at Amherst Mortgage Securities recently argued that without more governmental intervention, 11.5 million borrowers would be in danger of losing their homes, their premise is the mortgage market is underestimating defaults.
Is the Mortgage Market Too Tight? Or Just Right?
The message from the National Association of Realtors today, or at least from its chief economist as he released lackluster sales results for October, is that the mortgage market is now largely to blame for the lack of real recovery in housing.
