Sub-prime market has a bright future

Culhane, Mike
May 2006
Mortgage Strategy;5/8/2006, p28
Trade Publication
The article presents the author's views on the future prospects of sub-prime lending. Some experts in the mortgage market claim that the sector's strong growth will soon come to an end. Long-term economic and social trends indicate toward increasing demand while lenders continue to come up with important innovations. Sub-prime lending has a bright future. The demand for sub-prime mortgages will be further encouraged by the rise in the number of people with credit history problems. And this increase is supported by significant economic and cultural trends.


Related Articles

  • Verifying Tax Returns.  // Broker Magazine;Nov2008, Vol. 10 Issue 11, p35 

    The article highlights the www.mortgagegrapewine.com posters as it discusses why lenders spire the 4506-T form signed. Sneaky_pete said that no one can make the statement that an FHA lender will not implement a 4506-T form. Vinnie The Leg Breaker said that it is free to implement a 4506-T if...

  • Filling the Correspondent Gap. AYDELOTTE, DEBORA // Mortgage Banking;Nov2012, Vol. 73 Issue 2, p36 

    The article focuses on the developments in the money-lending industry in the U.S. It is stated that a commoditization of sorts with a finite number of products purchased primarily by the government-sponsored enterprises (CSEs) has been undergone by the mortgage industry. It is noted that...

  • Lenders come to end of trail. Powley, Tanya // Money Marketing;11/15/2007, p7 

    The article discusses the concerns of mortgage lenders in Great Britain. Mortgage lenders believe that the demand for trail commission has diminished despite the changing regulatory outlook. Mortgageforce managing director Rob Clifford states that trail commission helps to build future income...

  • Clients deserve better from lenders. Anker, Guy // Mortgage Strategy;1/7/2008, p20 

    The article presents the author's view concerning the welfare of the clients in mortgage industry. He states that these moneylenders are making the lives of their clients more difficult, He also include that in every lending transactions, there is a practice of charging the borrowers more than...

  • Barclays to apply minimum income requirement for interest-only borrowers. Thomas, Paul // Money Marketing (Online Edition);6/6/2013, p63 

    The article reports that minimum loan size has been scrapped by Barclays PLC in favor of a minimum income requirement to determine the eligibility of a borrower for an interest-only mortgage. It is noted that sole applicants must have a gross income of at least 16375,000 pound to qualify. It is...

  • Suitability Safe Harbor. Sichelman, Lew // National Mortgage News;12/10/2007, Vol. 32 Issue 11, p1 

    The article reports on the suitability standards for the lenders of mortgage industry in North Carolina. Accordingly, the mortgage business does not want to adopt the suitability standards. On the other hand, under commissioner, Joseph Smith has planned for the lenders a liability relief for the...

  • Lenders will enhance origination systems to remain competitive.  // Mortgage Banking;Nov2006, Vol. 67 Issue 1, p168 

    The article reports the findings of a study conducted by Aite Group LLC on the improvements in the technology for the better operations of lenders in the U.S. The results showed that the improvement has led to better management in product offering, and differentiation in products and services...

  • This pricing duel won't be forgotten.  // Mortgage Strategy;5/19/2008, p3 

    The article presents the response of "Mortgage Strategy" to readers' complaints over dual pricing in mortgage lending. It clarifies the magazine's position on the issue and notes their failure to understand the implication of dual pricing for core broker distribution. Furthermore, the journal...

  • MORTGAGE COMMITMENT LETTER.  // Private Mortgage Investing: How to Earn 12% or More on Your Savi;2008, p260 

    The article presents a mortgage commitment letter detailing conditional first mortgage loan commitments such as the total amount of the loan, rate of repayment, and pre-payment penalty, and items subject to lender approval, such as attorney approval, adequate insurance, and credit report.


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics