Wednesday, October 04, 2006

Secondary marketing with the MBSD Group

There is a related area that is doing quite well. In fact, you might even say that their prospects are getting better all the time. Mention the words "mortgage" and "investment" in the same sentence and you're likely to not only raise eyebrows, but you might also have your sanity questioned. After all, rates have been rising, mortgage production is down, housing is tanking and...well, you know the rest. Generally speaking about secondary marketing, anything that depends on the mortgage market makes investors run for the hills these days.

Contrary to the cycle that generated the greatest housing and mortgage boom we have ever seen, and mortgage insurers. Mortgage insurers, the companies that provide lenders and their secondary market investors with a hefty degree of comfort on low-down-payment loans, are coming out of trying times. Translated into terms we can all understand, refinances of mortgages with mortgage insurance were not replaced as often with new mortgage insurance.TGIC) actually experienced some tricky times over the past few years. When secondary market mortgage originations exploded by 33% in 2003, primary insurance in-force, the mainstay of the mortgage insurance industry, decreased by 7.4% while the number of new applications remained flat.

Contact the MBSD Group today for all your warehouse banking needs.

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