TITLE

Residential Fundings Up But Outlook Mixed

AUTHOR(S)
Muolo, Paul
PUB. DATE
September 2010
SOURCE
National Mortgage News;9/13/2010, Vol. 34 Issue 49, p1
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports that residential funding has increased but the mortgage industry in the U.S. is concerned about what lies ahead when refinancings begin to slow down. It notes that the lenders are worried about the jumbo market where refinancing is dominant. It is the authors opinion that the trend is threatening for nondepository conduits that hopes to revive the private-label securities market in the future.
ACCESSION #
53884423

 

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