Monday, June 24, 2013

Short and Long Term Outlook for Lenders

Short and Long Term Outlook for Lenders
Deloitte Analyzes: Though rising mortgage rates and the current supply and demand situation present short-term difficulties for originators, researchers at Deloitte say the long-term picture is rosier.

With demand, prices, and credit conditions all on a path to recovery, Deloitte Banking & Securities research leader Val Srinivas examined the problems still facing originators and how they must adapt to overcome.
The biggest challenge to the housing market in general right now is low supply. According to data collected from the Census Bureau and the National Association of Realtors, supply of new and existing single-family homes has nearly halved in both categories since 2011. Watch our video ...

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