Sentences with phrase «ensuring access to mortgage»

FHFA assumed conservatorship of the government - sponsored enterprises Fannie Mae and Freddie Mac in 2008, and DeMarco said the entities have played a critical role in ensuring access to mortgage capital following the market downturn when private lenders left the market.

FHA occupies a critical role in the nation's housing finance system, with a mission to ensure access to mortgage credit is available to all Americans, in particular groups traditionally underserved by the private market, including low to moderate - income, minority, and first - time homebuyers.

Not exact matches

In particular, attention should be paid to what could be done to capitalize on the recent stabilization in house prices to improve access to mortgage credit and to foster competition in mortgage origination to ensure a more complete pass - through of low secondary mortgage rates to households.

Mary Miller, the Treasury Department's under secretary for domestic finance, on June 13 called on the Senate to pass NAHB - supported legislation (S. 1217, the Housing Finance Reform and Taxpayer Protection Act of 2014) to revamp the nation's housing finance system to ensure that creditworthy borrowers will be able to access home mortgages.

The report recommends various measures to help close the achievement gap, including: more investment in early years education; ensuring all schools have access to good examples of top quality teaching and leadership; good careers guidance for all pupils; extra support for teachers, such as a mortgage deposit scheme to help high - performing school staff get on the housing ladder; and promoting and measuring character development, wellbeing and mental health in schools.

Importantly, Deputy Secretary Patenaude's leadership in these efforts will ensure that Americans have greater access to mortgage finance credit, promote a greater role for increased private capital in mortgage finance, and reduce taxpayer risk exposure.

U.S. Mortgage Insurers (USMI) offers real solutions to housing finance reform that ensure broader access to sustainable homeownership while reducing taxpayer risk.

NDP: Update the Consumer Protection Act to cap ATM fees at a maximum of 50 cents per withdrawal; ensure all Canadians have reasonable access to a no - frills credit card with an interest rate no more than 5 % over prime; eliminate «pay - to - pay» by banks in which financial institutions charge their customers a fee for making payments on their mortgages, credit cards, or other loans; take action against abusive payday lenders; lower the fees that workers in Canada are forced to pay when sending money to their families abroad; direct the CRTC to crack down on excessive mobile roaming charges; create a Gasoline Ombudsperson to investigate complaints about practices in the gasoline market.

However, individual lenders in Boston quoted rates well below the average, ensuring that borrowers have access to mortgages just as affordable as in other cities.

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.

USMI members are focused on ensuring that creditworthy borrowers continue to have access to affordable and sustainable mortgages within a well - functioning U.S. housing finance system.

Ensure Accessibility: A reformed system should ensure broad access to mortgage finance for creditworthy borrowers and participation by lenders of all sizes and Ensure Accessibility: A reformed system should ensure broad access to mortgage finance for creditworthy borrowers and participation by lenders of all sizes and ensure broad access to mortgage finance for creditworthy borrowers and participation by lenders of all sizes and types.

Reverse Mortgage Insurance Premium Mortgage Insurance Premiums (MIP) ensure that if the borrower's loan servicer (the company managing the reverse equity mortgage) goes out of business, the government will make certain that the borrower has continued access to his or her loaMortgage Insurance Premium Mortgage Insurance Premiums (MIP) ensure that if the borrower's loan servicer (the company managing the reverse equity mortgage) goes out of business, the government will make certain that the borrower has continued access to his or her loaMortgage Insurance Premiums (MIP) ensure that if the borrower's loan servicer (the company managing the reverse equity mortgage) goes out of business, the government will make certain that the borrower has continued access to his or her loamortgage) goes out of business, the government will make certain that the borrower has continued access to his or her loan funds.

However, given that the solicitor will only have access to an insurance binder prior to closing (which does not include the terms of the policy), it would be prudent for the solicitor to advise the lender client about the limitation on the solicitor's ability to ensure that the requested mortgage clause is included in the policy prior to closing.

On the topic of first - time buyers, NAR President Tom Salomone, broker - owner of Real Estate II Inc. in Coral Springs, Fla., says government - sponsored enterprises Fannie Mae and Freddie Mac have a duty to ensure there's access to mortgage credit for creditworthy borrowers wanting to buy a home.

NAR will continue to work to enact H.R. 1077 and S. 949, The Consumer Mortgage Choice Act in order to ensure consumers have the broadest access to credit and services they need.

The Dodd - Frank Qualified Mortgage definition of fees and points needs to be fixed in order to ensure continued access to a broad range of lending institutions and options that meet consumer needs.

NAR is evaluating the proposal on its own and in context with the controversial QRM proposal to ensure that consumers have access to affordable safe mortgage credit.

As Congress and the Administration consider reforms to the nation's mortgage finance system, NAR is advocating on behalf of REALTORS ® and consumers to ensure an efficient and adequately regulated secondary mortgage market — a new system that involves some government presence and provides homebuyers with access to affordable, sustainable mortgages.

«The new program mitigates risk with strong underwriting and ensures that responsible buyers have access to safe and affordable mortgage credit.

«This bill will further ensure consumer protections and adequate access to mortgage credit... MBA now calls on the House to swiftly take up this bill for consideration.»

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 mortgageMortgage rule that establishes strong consumer protections while ensuring continued access to safe, affordable mortgagemortgage credit.

«Although better economic conditions should eventually open the door for more prospective buyers, improving access to mortgage products to creditworthy borrowers and ramping up new home construction — especially to entry - level buyers — will help ensure the opportunity is there for more American households to enjoy the potential wealth benefits and long - term stability homeownership provides.»

Nearly 8,500 REALTORS ® and guests will meet with legislators, regulatory officials and top industry executives to ensure qualified buyers and investors have access to safe and affordable mortgage financing and protect and advance the operations of REALTORS ®» businesses and real estate - related tax policies.

Polychron testified that NAR has worked with FHA for years to ensure people have access to safe, affordable mortgage credit for condominiums, and thanked the committee for showing a willingness to address a number of lingering concerns.

NAR will continue to monitor the rule's impact on consumers, including the important new protections, and will work closely with CFPB and others to ensure that consumers have access to affordable mortgage credit.

By doing so, S. 1577 will ensure that consumers have greater access to mortgage credit and also more choices in credit providers.

NAR issued comments and advocated for significant changes in the definition of fees and points to ensure consumer access and greater choice amongst mortgage providers.

Primarily, the bill aims to ensure consumer protections and adequate access to mortgage credit.

«Through our ability - to - repay rule, we want to ensure that consumers are not set up to fail with mortgages they can not afford and we want to protect access to affordable credit,» said CFPB Director Richard Cordray.

We must ensure that mortgage lenders of all sizes and business models have equal access to the secondary market.

These pricing - related restrictions need to be carefully examined to ensure that they do not unnecessarily restrict consumer access to «qualified mortgages,» including smaller balance loans, as well as jumbo loans.

«With strict new mortgage rules in place, we will be monitoring the lending environment to ensure that financially qualified buyers can access the credit they need to purchase a home.»

«Preserving federal assistance for the lowest income renters, protecting and expanding housing production programs like the Low - Income Housing Tax Credit and the National Housing Trust Fund, and ensuring that low - and moderate - income first - time homebuyers have access to affordable, safe mortgages are clear ways to improve stability of families and our economy.»

«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 IrongaMortgage 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 Irongamortgage 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..

It will also continue innovating in ways consistent with its Congressional mandate to better serve its borrowers, such as leveraging energy efficiency cost savings to make FHA mortgages more sustainable and the proposed Back to Work flexibilities ensuring creditworthy re-employed borrowers with strong recent pay histories are not unfairly excluded from access to FHA lending.

WASHINGTON (May 25, 2011)- The National Association of Realtors ® supports a secondary mortgage market model with some level of government participation that would protect taxpayers and ensure that creditworthy consumers have access to affordable mortgage capital in all markets at all times.

We need to expand credit availability in the mortgage market to help ensure that more creditworthy families can access homeownership, which offers greater housing security and more opportunity for wealth - building than renting.

The President's plan is centered on four core principles for reform: putting private capital first, ending the failed Fannie / Freddie business model and protecting the taxpayers, ensuring broad access to the 30 - year fixed rate mortgage in good times and bad, and preserving the American dream of affordable homeownership for all qualifying borrowers in every community while at the same time ensuring sustainable rental options are widely available.