Trending Content - Real Estate Forum
| +24 | Hotel Recruiters | 14 | 3d |
| +15 | Senior Living Modeling Help | 5 | 2d |
| +15 | Rate Hikes | 6 | 8h |
| +12 | Leaving Self-employment for Commercial Real Estate Brokerage | 2 | 4d |
| +9 | REPE Analyst Firm Advice | 1 | 2d |
| +7 | KeyBank RE Underwriting | 7 | 16h |
| +6 | What are the best undergrad schools for placing in real estate finance? | 10 | 13h |
| +3 | Anyone familiar with Migsun Nehru Place, Greater Noida? Thoughts on investing here? | 3 | 4d |
| +3 | Overtime approval | 5 | 2d |
| +3 | LIHTC Syndicator Comp | 1 | 1d |
Career Resources
The end of the S&L's really ramped up Fannie and Freddie. Local lenders were no longer servicing in house like they used to. The need for securitization grew rapidly. And like someone else said too, some banks flat out won't lend in certain communities. We have some really tough small desert towns in CA and I'm sure in the S&L era it was impossible to get a home loan there.
We don't need the GSEs for random lending in areas no one will lend to. We already have the USDA rural development loan program, which I believe is basically a credit enhancement. You don't need to socialize the entire mortgage industry for the benefit of a tiny few.
The reality is, the US banking industry is the most regulated industry on planet Earth + the entire mortgage industry has been socialized. And with all the regulation and socialization, we have almost an identical homeownership rate as we had 5 decades ago. There is no intellectual justification for this, if the argument is that it will boost homeownership.
the homeownership rate in 2016 actually dropped to the lowest level since the Census Bureau started tracking it in 1965. Only it 2017, it started creeping back up but compared to historical levels, its still low.
Aliquam consequatur maiores neque ipsa. Et maxime molestiae deserunt numquam similique quod voluptate. Consequatur exercitationem earum ratione quo aut velit.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...