By doing so, S. 1577 will ensure that consumers have
greater access to mortgage credit and also more choices in credit providers.
NAR supports
greater access to mortgage credit and consumer choice.
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.
Not exact matches
After a slow and steady recovery following the housing crisis of 2008, Leibowitz explains that American consumers generally had fewer problems with their
mortgages, better employment prospects, and
greater access to credit, which made them less likely
to file.
A private
mortgage is a
great opportunity for you
to access the equity in your house for personal gain.
Recently, the agency stated that broker
access to FHA products should continue by virtue their current relationships with banks and other wholesalers, saying, «It is the
mortgage lender with the
greatest control over the
mortgage loan that should be subject
to FHA's rigorous lender approval and oversight processes, and bear the
greatest degree of responsibility and liability for the
mortgage loan obtained by the
mortgage borrower and insured by FHA.»
Smith continues, «With AAG Advantage and our solid network of California wholesale partners, we can help extend reverse
mortgages to a
greater number of seniors, provide them
access to more funds and help them age in place with increased security and peace of mind.»
«With our new AAG Advantage, we're proud
to help extend reverse
mortgages to a
greater number of seniors and provide borrowers with higher value homes a solution
to access more funds,» stated AAG chief executive officer Reza Jahangiri.
At the end of the day, if you're looking
to remain in your home and have
access to the equity you've built in your home, a reverse
mortgage may bea
great option.
A study released by USMI demonstrates how housing finance risks can be significantly reduced for the GSEs and taxpayers, while maintaining
access to homeownership with improved borrower economics, through
greater use of private
mortgage insurance (MI).
This in turn gives consumers
greater access to affordable
mortgages.
A home equity line of credit, or HELOC, is a
great way
to gain
access to a line of credit based on a percentage of your home's value, less the amount you still own on your
mortgage.
If you have been thinking about refinancing but due
to declining property values, you need a
mortgage with a loan -
to - value (LTV) ratio
greater than 80 percent, an Open
Access loan might be a good option.
A
mortgage broker can do this in a matter of hours with their online
access to this information, saving a
great deal of time, effort, and money.
Mortgage brokers have access to lots of great renewal programs from the banks, mortgage companies and credit
Mortgage brokers have
access to lots of
great renewal programs from the banks,
mortgage companies and credit
mortgage companies and credit unions.
«Today we can say with certainty that not only has this
mortgage insurance premium reduction improved
access to credit for a
great number of qualified families, but it did not undermine the financial health of FHA's forward
mortgage portfolio.»
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.
With allowances for
mortgage lates with the past year or a housing / credit event
greater than 24 months, combined with a debt
to income ratio of 60 %, qualified borrowers may be able
to access financing not available through traditional programs.
«Technology is a
great resource for buyers because it gives them
access to online property listings, as well as allows them
to preview homes and find reviews on real estate agents and
mortgage lenders.
The report urges that the future of U.S. homeownership depends on broadening the
access to mortgage financing; the authors say this remains too restricted and is still reserved for those with
great credit.
When you choose The Group Real Estate, you are not only working with one of America's most productive companies, but you also can
access a team of related companies all dedicated
to the same goal of making it a
great experience for you - brokerage,
mortgage, and title, all with the same mission of «helping people get where they want
to go, on time.»
We have developed this platform
to allow a
greater number of investors
access to high yield private
mortgage investments, and
to provide the
greatest amount of transparency possible.
Smith continues, «With AAG Advantage and our solid network of California wholesale partners, we can help extend reverse
mortgages to a
greater number of seniors, provide them
access to more funds and help them age in place with increased security and peace of mind.»
A
great way
to access equity and help fund retirement is through a reverse
mortgage.
In the first year of a reverse
mortgage loan, you may only
access 60 % of your approved loan amount (or the amount required
to pay off your current
mortgage plus 10 %, whichever is
greater).
«Given that
mortgage interest rates are expected
to gradually rise, we need
greater access to credit for a sounder housing recovery.
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.