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3 Articles match "July","Real Estate","Survey"
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The Latest from RealtyTrac
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MBA Numbers Mirror RealtyTrac Data:
The number of delinquent mortgage payments and foreclosures jumped in recent months, according to a new survey released today by the Mortgage Bankers Association . The MBA’s quarterly report — surveying more than 42 million mortgages nationwide — found that the rate of delinquencies and foreclosures rose to 4.7 percent from July through September. Among subprime borrowers, the rate of delinquencies and foreclosures were much higher, rising to 12.6 percent in the third quarter.
www.foreclosurepulse.com
- Tuesday, December 16, 2008
What's Causing the Credit Crunch?
Meanwhile, nervous lenders have responded by tightening their lending standards, making it more difficult and expensive for real estate investors and homeowners to borrow money, according to new survey conducted by the Federal Reserve in July. mortgage lender, reported that foreclosures reached a five-year high in July. A lively debate is ensuing as to why the mortgage industry is unraveling and who’s to blame for the growing credit crunch that is sabotaging the housing industry. Wall Street analysts, main street investors, corporate executives and government bureaucrats
www.foreclosurepulse.com
- Tuesday, December 16, 2008
Lending Standards Continue to Tighten
The results of a new survey released today by the Federal Reserve confirms what many people looking to buy or refinance already know — it’s hard to get approved for a loan. The Fed’s July 2008 Senior Loan Officer Opinion Survey , which covered 52 domestic banks and 21 U.S. branches and agencies of foreign banks, found that 75 percent of those banks had tightened Standards were tightened even more for “nontraditional” loans — 85 percent of banks that originate that type of loan said they had tightened standards on those loans. And six
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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The Best from RealtyTrac
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MORE
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MBA Numbers Mirror RealtyTrac Data:
The number of delinquent mortgage payments and foreclosures jumped in recent months, according to a new survey released today by the Mortgage Bankers Association . The MBA’s quarterly report — surveying more than 42 million mortgages nationwide — found that the rate of delinquencies and foreclosures rose to 4.7 percent from July through September. Among subprime borrowers, the rate of delinquencies and foreclosures were much higher, rising to 12.6 percent in the third quarter.
www.foreclosurepulse.com
- Tuesday, December 16, 2008
-
Lending Standards Continue to Tighten
The results of a new survey released today by the Federal Reserve confirms what many people looking to buy or refinance already know — it’s hard to get approved for a loan. The Fed’s July 2008 Senior Loan Officer Opinion Survey , which covered 52 domestic banks and 21 U.S. branches and agencies of foreign banks, found that 75 percent of those banks had tightened Standards were tightened even more for “nontraditional” loans — 85 percent of banks that originate that type of loan said they had tightened standards on those loans. And six
www.foreclosurepulse.com
- Tuesday, December 16, 2008
-
What's Causing the Credit Crunch?
Meanwhile, nervous lenders have responded by tightening their lending standards, making it more difficult and expensive for real estate investors and homeowners to borrow money, according to new survey conducted by the Federal Reserve in July. mortgage lender, reported that foreclosures reached a five-year high in July. A lively debate is ensuing as to why the mortgage industry is unraveling and who’s to blame for the growing credit crunch that is sabotaging the housing industry. Wall Street analysts, main street investors, corporate executives and government bureaucrats
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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