This guide explains the loan application process and how new home mortgage loans work. The Center staff examines the case for higher interest rates. Mortgage lending in six metropolitan areas is explored.
Conduits are a new source of funds for commercial and multi-family borrowers.
They are investors who buy commercial-backed securities. Enforcement of the Home Mortgage Disclosure Act appears to have had a positive impact on the number of people able to obtain a mortgage. The amendment authorizing Texas home equity loans dictates at least 25 requirements necessary to create a valid equity lien on homestead property. Many are ambiguous and vague. There are many options available to today's homebuyer seeking a mortgage loan.