S&P Case-Shiller: Home price gains slowed in April

S&P Case-Shiller: Home price gains slowed in April

Nationally home prices gained 4.2%

Realtor.com: Here are the 20 hottest markets this summer

Expanding inventory boosts sales

Pending home sales continue momentum in May

Northeast leads as South, Midwest decline
W S
Lending / The Ticker

Housing advocates want a new 'subprime mortgage'

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

With home prices rising, interest rates falling and builders building, some prominent housing advocates are calling for a new kind of loan for buyers with lower incomes or bad credit.

They'd like to call it the Dignity Mortgage, but it has another name — one that's become more of an epithet since the housing crash: subprime.

Applicants might include people caught in the early stages of the mortgage meltdown who have since rebuilt their finances, said Faith Bautista, who heads the National Asian American Coalition.

Read full story

Recent Articles by HousingWire Staff

Comments powered by Disqus