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The combined need for mortgage financing and mortgage access enabled the passage of Johnson's National Housing Act of 1968, which created both the first mortgage-backed securities and the first subprime loans.
Housing, neighborhoods, and mortgage lending constitute another topical area, focusing on racially skewed decisions about residence and mortgage access, and the need for 'fair housing' open to all races.
Easy mortgage access and belief in ever rising home prices created a boom.
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But they certainly value a strong ruble, moderate inflation, affordable mortgages, access to higher education, satellite television, Internet connections, passports, foreign visas and — above all else — no economic shocks.
"Flexibility is fine, but banks have to be open when we ask for a mortgage or access to credit.
Many are now looking to tools like a reverse mortgage to access home equity to help procure financial stability during retirement.
The system employed by Countrywide and other lenders has undoubtedly delivered a number of benefits by creating new kinds of mortgages, expanding access to credit for minorities and providing a boost to the national economy.
The Dow had moved back above 14,000 on Monday after two and a half months below that level amid concerns about soured mortgages, tighter access to credit and the housing market slump.
Access to mortgage credit also affects access to homeownership and differs considerably across Europe (Mulder and Billari 2010).
The mortgage industry has access to extensive property databases and sophisticated computer models that can flag potentially fraudulent loans.
Households that might previously have been able to take advantage of a shared ownership product are now struggling to access mortgage finance.
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CEO of Professional Science Editing for Scientists @ prosciediting.com