Urban Institute: Qualified Mortgage impact overblown

Urban Institute: Qualified Mortgage impact overblown

New rules have only slightly slowed mortgage lending

WATCH: Former Wells Fargo CEO calls BofA fine “extortion”

Kovacevich says fine is political and has “nothing to do with justice”

BofA reaches $16.65B settlement over "toxic waste" mortgages

Loans date back to Countrywide and Merrill Lynch
W S
Servicing / The Ticker

Foreclosure victims become new homebuyers

/ Print / Reprints /
| Share More
/ Text Size+

"It's an interesting phenomenon because three or four years ago these people were losing their homes. Now they're out shopping for a new home. It wasn't swift and sweeping legislation that did it, simply a matter of perseverance. These folks waited three years and now they can buy again," says Chris Apodaca, a California mortgage banker.

 
Read full story

Recent Articles by HousingWire Staff

Comments powered by Disqus