Bankers, their crystal balls, future mortgage volume

Bank risk professionals expect more of the same for mortgage delinquencies over the next six months, according to the Professional Risk Managers’ International Association (PRMIA).

Most bankers surveyed believe:

• the level of mortgage delinquencies will stay the same or increase slightly over the next six months;
• 2012 will see a gradual improvement in the housing market;
• the supply of credit will fall short of demand over the next six months; and
• American homeowners no longer consider their mortgage to be their most important credit obligation.

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  Tags:loan-to-value ratio (LTV),mortgage delinquency,population growth,strategic default

  About The Author

  

  Carrie B. Reyes

  is lead writer in charge of the Real Estate Practice and Due Diligence and Disclosures books.

  Latest Comments

  1. 

     JR

     THESE ARTICLES ARE SPOT ON !

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     - May 2012

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