Friday 12th of March 2010
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Will home sales fall off a cliff once the latest version of the homebuyer tax credit expires? Experts vary on the precise impact of the credit, and on what will happen when it ends. But most agree the credit created a big wave of sales pulled forward in time to when the housing market really needed a boost. Mortgage Banking
March 2010 |
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Mortgage bankers report they continue to struggle to find sufficient warehouse lines even as some observers say the worst of the credit drought seems to be over and supply may be approaching demand. Nevertheless, warehouse capacity is down substantially from its peak. Mortgage Banking February 2010 |
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The Federal Housing Administration is making tough choices to help shore up the government program from weaker loans made in years past. A mortgage industry veteran is at the helm shaping the policy changes. Mortgage Banking January 2010 |
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It's a tough time for community banks to raise capital -- and the regulators aren't making it any easier. Banking Strategies January 1, 2009 |
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Mortgage Banking October 2009 Bank of America Home Loans has forced its new identity with a focus on customer satisfaction and quality loan origination. The 2008 acquisition of Countrywide has given the bank the production platform and technology prowess of a former industry leader. Add to the, B of A's internal discipline and a focus on profitable origiantion, and you have the makings of a lending powerhouse. |
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