The most recent report from the National Association of Realtors has important data worth considering. According to their research, home sales across the country increased by 5.1 percent, indicating the highest level of sales since the end of 2009. Other news sources celebrated this report, stating that economic activity and the housing market were signs of overall improvement. It doesn’t…
July 2015
The housing industry is certainly subject to major changes based on the short term, but it is also in the best interest of lenders to be knowledgeable about long-term planning. Understanding long-term impacts of various factors can help lenders not only plan for the present but also for the future. Many experts in the industry find it valuable to look…
It’s expected that already-reduced credit availability will only continue to dwindle under the impact of Dodd-Frank, according to recent reports from the American Bankers Association. Last year, 9 out of 10 mortgage loans were considered “qualified”. In this same survey, more than 80 percent of respondents also shared that current mortgage lending regulations would impact how much funding is available…