Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive
150x172_CUEffect.jpg
Contacts
LISA MCCUEVICE PRESIDENT OF COMMUNICATIONS
EDITOR-IN-CHIEF
MICHELLE WILLITSManaging Editor
RON JOOSSASSISTANT EDITOR
ALEX MCVEIGHSTAFF NEWSWRITER
TOM SAKASHSTAFF NEWSWRITER

News Now

CU System
Filene report examines mortgage risks and rates
MADISON, Wis. (4/21/09)--Credit unions concerned with mortgage risks and questionable interest rates that are circulating among lenders and borrowers can consult the Filene Research Institute’s latest report. Mortgage Borrower Risk Profiles, Delinquencies and Interest Rates in 2005-2008 reviews demographic information across a surveyed group from the three previous years and provides some findings for credit unions to implement in future operations (LoneStar leaguer April 20). The report is the third in a series of Consumer Finance Research briefs derived from research and discussions from Ohio State University’s Consumer Finance Monthly. The report examined and interpreted findings based on questions, including:
* What might a simplified mortgage pricing model look like? * How do delinquency rates vary across borrowers’ financial characteristics? * How do delinquency rates vary across demographic groups? * Did mortgage pricing based on rising house prices contribute to delinquencies? and * How can both underpriced and overpriced mortgage loans be avoided?
For more information, use the link.
Other Resources

RSS





print
News Now LiveWire
#NewsNow CUs as public funds depositories high on Fla. legislative agenda http://t.co/pt5UF4Zutk
17 minutes ago
#NationalConsumerProtectionWeek begins Monday. http://t.co/BFLiUN7Twc
1 hour ago
.@Bankrate highlights #creditunion affordability vs. banks: 'No surprise,' says @Nussle http://t.co/ocu2fImmsS
2 hours ago
Credit card issuers could see a reduced burden for 1 year under a @CFPB proposal issued this week. News Now: http://t.co/CYVXLUmVBq
17 hours ago
RT @CUEscan: Branches Will Be the Cornerstone of Growth http://t.co/fVqPPaGeVL http://t.co/xxMyKGQMrl
18 hours ago