Private capital, including private MI, should be the preferred approach to facilitating access to
affordable mortgage credit while simultaneously protecting taxpayers from mortgage credit risk.
Not exact matches
While some steps have been taken to address weaknesses in the
mortgage market, there has been no meaningful progress in implementing comprehensive reforms to the housing finance system to ensure that housing
credit is available and
affordable and is delivered through a sound and competitive system.
For example, Canada's biggest
credit union, Vancity, currently finances an
affordable condo project in Vancouver whereby it lends 90 per cent of the purchase price
while the developer provides a 10 per cent second
mortgage with no interest and no payments.
While there are many lenders, and especially online lenders, who are willing to overlook
credit scores, there are always those who are in such a serious financial predicament that a
mortgage is simply not
affordable.
As the government explores ways to further reduce
mortgage credit risk
while also ensuring Americans continue to have access to
affordable home financing, the data shows private MI is an important solution.
As policymakers look for ways to further reduce taxpayer risk
while ensuring access to
affordable mortgage credit, MI can offer additional solutions to meet this objective.
If you're a
Mortgage Professional, Real Estate Agent or Auto Dealer, our software is
affordable for your clients — and you'll earn passive income
while they boost their
credit.
The National Association of Realtors ® applauds the Consumer Financial Protection Bureau for creating a broadly defined Qualified
Mortgage rule that establishes strong consumer protections while ensuring continued access to safe, affordable mortgage
Mortgage rule that establishes strong consumer protections
while ensuring continued access to safe,
affordable mortgagemortgage credit.
«NAR has strongly advocated for a Qualified Residential
Mortgage rule that encourages sound and financially prudent mortgage financing by lenders while also ensuring responsible homebuyers have access to safe and affordable credit,» said NAR President Steve Brown, co-owner of Ironga
Mortgage rule that encourages sound and financially prudent
mortgage financing by lenders while also ensuring responsible homebuyers have access to safe and affordable credit,» said NAR President Steve Brown, co-owner of Ironga
mortgage financing by lenders
while also ensuring responsible homebuyers have access to safe and
affordable credit,» said NAR President Steve Brown, co-owner of Irongate Inc..