Tag Archive for ‘mortgage lending’

New Home Sales: Financing Source Shares Hold Steady

NAHB analysis of the most recent Census estimates concerning sources of financing for new home sales reveals that the share of mortgages financed through conventional, FHA, and VA loans, as well as cash, held steady in the second quarter of 2016 while the number of new homes sold grew by 22%. According to data from the Census Bureau’s Quarterly Sales by Price… Read More ›

According to the Survey (SLOOS), Size Really Does Matter

In the April 2015 iteration of the Senior Loan Officer Opinion Survey (SLOOS), the Federal Reserve Board included a special question on residential real estate lending. That special question asked banks about how they had responded to new guidelines issued by the GSEs on November 20, 2014, on the definition of life-of-loan representation and warranty exclusions. These policies were designed,… Read More ›

Mortgage Lending Expected to Rise, but Risks Remain

The Federal Reserve Board released the latest results from the Senior Loan Officer Opinion Survey on Bank Lending Practices (SLOOS). Responses to the April survey indicate that mortgage lending is expected to rise over the coming year, but certain risks could derail its recovery. In each survey iteration, the SLOOS asks senior bank officers to assess their business and consumer lending… Read More ›