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Tag Archives: mortgage

Access to Mortgage Increases

Mortgage credit availability reached its peak in August 2004, recording an index score of 134.6. Access began to drop over the next several years. Then, in May 2007, both the housing and mortgage availability began a multiple year plunge, leaving home values down more than 22 percent and credit the tightest it had been in years. In September 2010, the ZMAI bottomed out at 9.6. Today, the ZMAI currently sits at 71.5 and access to mortgage credit has improved significantly, and is roughly two-thirds of the way back to the 2002 pre-crisis level of 100.

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Sequestration, QE, Record S&P Levels, What Does It Mean? – Apr 03,2013

[ca_audio url_mp3='http://blogtalk.vo.llnwd.net/o23/show/4/645/show_4645625.mp3' css_class='codeart-google-mp3-player' autoplay='false' download='false' html5='false']Brent Nyitray is the Directory of Capital Markets at iServe Residential Lending and is responsible for managing iServe's origination pipeline and Ginnie Mae ...

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