Sentences with phrase «underlying house value»
There is a false notion that because firms default when it is in their economic interest to do so, so should homeowners whose mortgages are greater than the underlying house value.
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Home insurance is not a legal requirement but lenders universally insist on it for the duration of the mortgage to protect the value of their underlying asset, the house.
As housing values continue to drop across the country, the underlying collateral of these loans becomes less valuable resuling in a riskier loan for the bank.
The word «Tiny» is irrelevant to the downsizing, and like popular language may fade or remain but the underlying attitudes (the intrinsic value caused by social trend) that go along with their housing lifestyle remain a growing segment.
«We were trying to look into people's underlying values so we could predict what is their lifestyle, what kind of house do they live in, what kind of car do they drive.
Prices for single - family housing should approach previous market highs, according to Costa, but the underlying values will be more sustainable.
A limited housing supply and declining foreclosure sales are contributing to the recovery of underlying property values.