Geographic Differences, Increasing Defaults And Mortgage Fraud Growing Concerns
April 13, 2006
The fraying of the years-long boom in mortgage lending and housing activity is a top concern among lenders and investors as the market looks forward to a measurable downturn in origination volume and house price appreciation. While many analysts have raised concerns about the scorching housing markets on the East and West coasts, one analyst at last week’s Housing Finance Summit sponsored by the Opal Financial Group pointed to areas where price appreciation has been…