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Mortgages - Residential Rethinking

American Banker | October 8, 2009

Since peaking in 2004, the U.S. homeownership rate has lost nearly all the gains it had made since the beginning of the decade. Why some experts say this trend will continue in the decade ahead — and how the crisis is reshaping the housing policy debate. Also: Hatching an FHA "eagle" allows Inlanta, a Wisconsin lender, to soar to new heights.

 

Mulling a Long-Term Drop in Homeownership Rate

If Arthur C. Nelson is right, the homeownership rate is headed for a seismic shift that will reduce it to levels not seen in a generation.


CASE STUDY

What It Took to Become an FHA Contender

Two years ago, Inlanta Mortgage faced a conundrum. FHA loans, which had made up a mere 5% of the Waukesha, Wis., company's production a few years earlier, were suddenly in hot demand.


Survey

The $25 billion mortgage robo-signing settlement is:
Political extortion from the banks in an election year
A slap on the wrist — the banks put reserves away for this long ago, they won't even feel it
A source of relief for both banks and homeowners that could help the housing market and economy recover
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