Sentences with phrase «providing access to mortgage credit»

«The [FHA] served as a stabilizing force during [the] crisis by providing access to mortgage credit for underserved borrowers, and preserving a path to the middle class that can be passed on from one generation to another.»

For more than 60 years, private mortgage insurance (MI) has played a critical role in providing access to mortgage credit and protecting taxpayers.

The MI industry fully appreciates the impact of the QM rule, and what it takes for lenders to conduct business within the boundaries of the rule, while working to provide access to mortgage credit to homebuyers.

CalHFA also partners with local counties to provide access to Mortgage Credit Certificates that may enable first - time homebuyers to convert a portion of their annual mortgage interest into a dollar - for - dollar tax credit on their federal income tax returns.

Not exact matches

MI provides loan level protection against first losses on individual low down payment mortgage loans — and in doing so, promotes broad access to sustainable homeownership for credit worthy borrowers while enhancing stability and liquidity in the housing finance system.

In addition to personal loans, the bank provides access to deposit accounts, credit cards, auto loans, and home equity and mortgage solutions.

You don't have to provide your social security number to get started, and all quotes come with access to your live mortgage credit scores.

In today» climate of tightened credit and higher down payment requirements, an FHA mortgage can provide access to a lower mortgage rate while eliminating exotic mortgage terms that can make it difficult to pay off your home loan.

Today, mortgage insurers are more resilient and reliable counterparties, dedicated to providing access to housing finance credit in good and bad economic times.

Our mortgage brokers provide people with access to private lenders that offer bad credit mortgages in Richmond Hill.

You don't need to provide your social security number to get started, and all quotes come with access to your live mortgage credit scores.

By providing access to your credit score, and your financial goals (paying off credit card debt, renewing a mortgage), Borrowell can tailor debt services to you and your risk profile.

«Freddie Mac's HomeOne mortgage is part of the company's ongoing efforts to support responsible lending, provide sustainable homeownership and improve access to credit,» said Danny Gardner, senior vice president of single family affordable lending and access to credit at Freddie Mac.

Provided the borrower is the primary occupant of the house, they can access these loans without any income or credit criteria needing to be met; given that they are in adherence to the recently passed and new reverse mortgage rules.

FHA has provided safe, affordable access to mortgage credit in a time when the private market abandoned housing finance.

It puts behind us once and for all the kind of irresponsible lending that disrupted the housing market and so badly damaged our economy, and it provides strong new consumer protections while preserving needed access to mortgage credit,» he said of the rule and its Qualified Mortgage smortgage credit,» he said of the rule and its Qualified Mortgage sMortgage standard.

Programs like the 502 single family loan guarantee program provide lower - income families in rural areas unique access to mortgage credit.

At the same time, the GSEs have a mandate to provide broad access to mortgage credit.

At the same time, we're committed to maintaining widespread access to mortgage credit for responsible American families, which is the key to providing the middle class with access to home ownership and the key to returning to a robust, but sustainable, housing market recovery.

«With yourFirst Mortgage, we wanted to provide access to credit and simplify the experience while maintaining responsible lending practices.

NAR believes these principles will contribute to the long - term stability of our nation's housing market and provide consumers with access to affordable mortgage credit, even during economic downturns.

The Bureau stated its belief in the proposal that including this information in a prominent position on the Loan Estimate will promote the informed use of credit and more effective advance disclosure of settlement costs and will enable consumers to better understand the costs, benefits, and risks associated with mortgage transactions by providing consumers with access to information they may use repeatedly throughout the transaction.