So far, the cuts in fees apply mainly to one type of reverse mortgage: the plain-vanilla fixed-rate "home-equity conversion mortgage, " which is backed by the Federal Housing Administration and is paid out to the borrower as a lump sum.
Nearly all RMs are insured by the Federal Housing Administration through its Home Equity Conversion Mortgage (HECM) program.
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With the goal of flattening the yield curve, the Fed may scoop up Treasuries in the hope of reigniting the equity and mortgage markets.
Meanwhile, in an effort to deflate China's housing bubble, the government has placed restrictions on multiple real-estate purchases and recently began to require more equity for mortgage loans.
There are three REIT categories: equity, mortgage and hybrid.
All that is needed is a slowdown in the pace of mortgage equity withdrawal.
In America and Australia, mortgage equity withdrawal has been running at a record 4% of disposable personal income.
Thus both home-equity lending and mortgage refinancing, which allow households to tap into the capital gains on their homes, have helped to support consumer spending during the recent downturn.
The majority of these investments are in fixed income securities like government and corporate bonds and the remainder in equity securities, mortgage loans, policy loans and other investment securities.
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The implication is that it would require continued rapid gains in house prices and continued falls in interest rates to sustain the pace of mortgage equity withdrawal at current levels.
An analysis by Jan Hatzius, an economist at Goldman Sachs in New York, shows that the pace of mortgage equity withdrawal depends on changes in interest rates and house prices, not on their levels.
Most dramatic has been Britain: house prices have risen by more than 25% over the past year, and Goldman Sachs estimates that mortgage equity withdrawal was equivalent to 8.5% of personal disposable income in the fourth quarter, more than at the peak of Britain's housing bubble in the late 1980s.
It stuffs the monthly account statements with encouragement to take out car loans as well as home-equity loans and other mortgage debt.
This list should include credit card debt, student loans, home mortgage or equity loans, medical debt and any other outstanding debts you have.
With once-active players such as Lehman Brothers Holdings Inc. no longer around, some private-equity funds and commercial mortgage real-estate investment trusts have sought to fill the void.
Mr Bernanke appears to think mortgage-equity withdrawal less important in boosting spending than Mr Greenspan did, and to believe that solid wage and job growth are now supporting consumption.
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The credit boom was created by initially low adjustable rate mortgages, interest-only or negative amortization loans, and an appreciating real estate market that allowed homeowners to extract equity to help make mortgage payments.
New home construction and home equity extraction were logical when mortgage rates were particularly low.
In contrast to a traditional mortgage or home equity loan, borrowers make no loan payments while they live in the house.
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The percentage of 55- to 64-year-olds who report paying on a mortgage or home equity loan has risen from about 49 percent in 1990 to more than 56 percent in 2010.
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Every lender in the world will be competing for Sue's business - good income, smallish mortgage and loads of equity.
House prices have halved since the Ireland's property market peaked in 2007, leaving an estimated 400, 000 mortgage holders with negative equity.
College tax credits, tax deductions for charitable contributions, mortgage interest, home equity loan interest, and other popular write offs will likely be reduced or eliminated.
They buy some food at discounted prices through their church, but are proud they have remained current on their mortgage, home-equity loan, insurance and property taxes.
However, if someone is willing to buy the house from you then this offers you away to both extract your equity and get out of the mortgage contract.
Income, asset and credit documentation requirements are rigorous, having a second mortgage or a Home Equity Line of Credit, condo or co-op ownership or unrealistic value expectations can add unforeseen land mines to the refinancing process.
JPMorgan is eagerly hiring commodity and energy traders, and mortgage-backed securities and equity derivatives specialists.
The bank started out as Equity Building Society in 1984, a mortgage financier for low-income Kenyans.
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