This year, new mortgage regulations became a reality. These massive changes significantly impact the residential lending business, and the road to mortgage profitability is now filled with sharp turns and hidden risks. Where are the business opportunities? At the ABA Real Estate Conference, industry experts will help you find opportunity in this time of transition.
For many observers, “skin in the game” is synonymous with a large down payment that limits lender or investor risk. However, skin in the game can be defined much more broadly, since financial investment is only one factor that mitigates risk.
The Silicon Valley area added 385,000 jobs between 2010 and 2015, but only issued building permits for 58,000 units in that same time frame, creating an unsustainable housing marker that shuts out all but the richest buyers. What, if anything, can be done to cool off skyrocketing home prices?