Sentences with phrase «providing affordable mortgage credit»

«We need to strike a balance between reducing investor risk and providing affordable mortgage credit,» NAR President Ron Phipps said in a public statement last week.

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This segment also provides construction, and land acquisition and development loans; secured and unsecured lines of credit; interim financing arrangements; rehabilitation loans; affordable housing loans and letters of credit; loans for securitization; and real estate and mortgage brokerage services.
He said that, in addition to what the APC had already done, he envisioned a time when the party would take even bolder steps by modernising national infrastructure, reviving the textile industry, carrying out agriculture reforms by giving credit to farmers, and embarking on a mortgage reform that will provide affordable housing for millions of families.
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.
Alaska USA Mortgage Company, a wholly owned subsidiary of Alaska USA Federal Credit Union, has a proud, decades - long tradition of providing affordable home loans to active duty military families and veterans.
By providing another opportunity to make on - time payments, an affordable second mortgage could actually help boost your credit.
«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.
FHLBank Atlanta is a cooperative bank that offers competitively priced financing, community development grants and other banking services to help member financial institutions make affordable home mortgages and provide economic development credit to neighborhoods and communities.
FHA has provided safe, affordable access to mortgage credit in a time when the private market abandoned housing finance.
Brown highlighted the need to protect the mortgage interest deduction and preserve a secondary mortgage market that ensures liquidity sufficient to provide safe, affordable mortgage credit to all qualified borrowers.
By doing so, they provide a continuous flow of affordable funds for home financing that results in the availability of mortgage credit for low -, and moderate - income Americans.
«As expected, sales are slowing down now that the home buyer tax credit has expired, but record - low mortgage interest rates, along with stable and affordable home prices in most areas, provide opportunities for buyers who weren't able to take advantage of the credit,» she said.
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.
By doing so, Fannie Mae and Freddie Mac provide a continuous flow of affordable funds for home financing that result in the availability of mortgage credit for Americans.
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