home buying: South Atlant's Hottest New Town Home & Single Family Community
- 11/16/07 02:34 AM
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home buying: How Mortgage Rates Effect Minorities
- 11/09/07 05:16 AM
NEWS you can USE! The information in this article was researched through data collected under the Home Mortgage Disclosure Act (HMDA). The data came from the 8,850 lenders covered by the act and involved over 30.2 million home loan applications.
The reason behind the article was to determine patterns in high-priced lending. High-priced loans are described as those with an interest rate that is higher by a certain number of basis points above a threshold amount defined by Regulation C of the HMDA. The mortgage market has changed a lot over the last decade and this has impacted the level of higher-priced loans in … (1 comments)
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