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
Jobless claims drop to lowest level since 2000 http://t.co/ywyVpWJT1x @USDOL #unemployment #workforce #labor
4 minutes ago
Wanted: 12 young writers for @CUNA's youth fin ed resource #Googolplex #NewsNow http://t.co/cwR9ph3BvJ
16 minutes ago
Registration now open for @CUNA @WOCCU summer conference in Denver July 12-15 http://t.co/opq1jypsXL #ACUC #CUinDenver2015
16 hours ago
Emergency loans post- #Blizzard2015 offered by @ScientFCU in Conn. http://t.co/U9tIBzPOZV
17 hours ago
Did you get your spot in the @CUCB #CherryBlossom 10 Mile Run? Check lottery results here http://t.co/6rxT0osyWJ @CU4Kids @CMNHospitals
17 hours ago