Sentences with phrase «affordable mortgage financing»

To provide access to low - cost, flexible, innovative programs for individuals in need of affordable mortgage financing.
Affordable mortgage financing stood out as a factor driving the market as more than 64 per cent cited the low interest rate environment as the most important single factor attracting home buyers.
Overly stringent lending standards have continued to limit the availability of affordable mortgage financing for credit - worthy consumers.
A program designed to provide affordable mortgage financing if you live in New York State and are a first - time home buyer.
Federally backed home loans from the Rural Housing Service have been called one of the the government's best kept secrets because buyers can get safe, affordable mortgage financing in areas where few other loan options are available.
He added that quick decisions aimed at punishing certain market players will only punish the taxpayers by constraining their ability to access affordable mortgage financing, and that making it harder for those who can afford a safe mortgage does not further the goals of the recovery.
As private lenders fled the market, FHA became one of the primary sources of safe affordable mortgage financing for American families.
Since last summer, NAR has been arguing that proposals to use g - fee income from the two secondary mortgage market companies, Fannie Mae and Freddie Mac, to help cover costs of the bill would set a bad precedent and hurt home buyers» ability to obtain affordable mortgage financing.
Rural housing programs provide much needed affordable mortgage financing to unserved markets and are instrumental in providing affordable housing opportunities to low and moderate - income rural homebuyers.
«FHA helps provide affordable mortgage financing to homeowners, particularly first - time home buyers who are so important in drawing down inventory to help stabilize the current housing market,» said NAR President Vicki Cox Golder.
NAR's position is that the groundwork should be laid for the return of private capital to the market, supported by a federal presence through a nonprofit, government - chartered entity, which would ensure the availability of safe and affordable mortgage financing in all market types.
Overly stringent lending standards have continued to limit the availability of affordable mortgage financing for credit worthy consumers.
The availability of affordable mortgage financing and affordable health insurance top REALTORS ®» legislative priority list, and those issues are also priorities for both major parties.
Since September 2007, FHASecure — the Federal Housing Administration (FHA) refinancing product — has provided struggling families with expanded access to safe and affordable mortgage financing.
Since expanding its refinance program in September 2007, HUD's Federal Housing Administration (FHA) has helped more distressed homeowners keep their homes by utilizing FHA's safe and affordable mortgage financing.
«Restoring the loan limits will provide millions of potential consumers in markets throughout the nation access to safe, affordable mortgage financing
Designed to provide affordable mortgage financing, SONYMA loans offer you the chance to buy an existing home or build a brand new one.
Rural families face unique difficulties in finding access to safe, affordable mortgage financing.
«Improving access to affordable mortgage financing for qualified home buyers and investors and aggressively pursuing more loan modifications and short sales is necessary to help reenergize the housing market and spur an economic recovery.»
Given the concerns about FHA's overall fiscal stability, this bill balances the needs to protect the fund from taxpayer risk, with the need to continue to provide access to safe and affordable mortgage financing.
That way safe and affordable mortgage financing would be available in good markets and bad no matter how the two secondary mortgage market companies are restructured or even if they're replaced.
«We fully support Chairman Bernanke's comments that the lack of available and affordable mortgage financing, low home values and high foreclosure inventories are inhibiting a meaningful housing market recovery.
Improving access to affordable mortgage financing for qualified home buyers and investors and committing additional resources to loan modifications and short sales will help reduce current and future inventories of real estate owned (REO) properties held by government agencies, according to the National Association of Realtors ®.
We believe more can be done to address the lack of available and affordable mortgage financing to creditworthy borrowers and stem the rising inventory of foreclosed homes, which is depressing home values in communities across the country.
Efforts must be taken to ensure FHA's ability to facilitate safe, affordable mortgage financing to American families.
FHA is critical to our nation's housing and economic recovery, and care must be taken to not hamper FHA's ability to facilitate safe, affordable mortgage financing to American families.
FHA's single family mortgage insurance program was created in 1934 to provide access to safe, affordable mortgage financing for American families.
The Northern Virginia Association of Realtors ® (NVAR) supports efforts to ensure that qualified borrowers have access to safe and affordable mortgage financing and urges Congress to enact legislation that prohibits guarantee fees (G - fees) from being extended, increased and diverted for unrelated government spending.
Key issues highlighted nationally to consumers and public policymakers include access to affordable mortgage financing, tax incentives for homeownership, overly stringent credit requirements and cumbersome short sales and foreclosures.
Rural families face unique difficulties in finding access to safe, affordable mortgage financing, and affordable rental options in short supply in rural America.
Coupled with a lack of available and affordable mortgage financing, delinquencies are surging and foreclosure rates continue to rise.
This includes: Improved access to affordable mortgage financing, no new taxes or increased fees on mortgages, increased supplier diversity, improved access to REO listings for owner - occupant buyers, sensible immigration reforms and continued financial education for mortgagees.
«With the widespread availability of affordable mortgage financing, and only modest increases in home prices, affordability is better now than it has been in a number of years.
President Veissi spoke of the important role that FHA plays in the marketplace and the need to continue to strengthen the program to ensure that safe, affordable mortgage financing is available to qualified home buyers.
From coast to coast, strong fundamentals such as favourable rates of employment, solid local economies and the continuing availability of affordable mortgage financing have positioned Canada's housing market to weather the storm south of the border, and allow the country to continue to chart its own course, says Royal LePage.
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