The pressure is on to expand lending dlvr.it/49NcCP The housing - TopicsExpress



          

The pressure is on to expand lending dlvr.it/49NcCP The housing market and the mortgage market has stalled. With the elimination of most of affordability products and mortgage rates that cant go too much lower Now the housing industry is trying to recycle old ideas to stimulate lending activity and home prices. However with Dodd-Frank most of those affordability products will not qualify as Qualified Mortgages. This has reduce the ability of banks to inflate home values. However, there some ways to expand lending by broadening scope of FHA and the GSEs beyond principal residences.
Posted on: Sun, 20 Oct 2013 00:15:58 +0000

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