Single-Family Affordable Housing Market: Trends and Innovations. A National Symposium Convened on July 23, 1997

摘要

The single-family affordable housing market, still relatively new to the banking industry, has experienced rapid growth and improved performance as the market has matured. While a few national banks entered the affordable mortgage market in the late 1980s, most established their programs after 1993. National banks make billions of dollars of affordable housing mortgage loans annually. This is a revenue producing product line for many national banks. However, this growing line of business is still new to many lenders and competition can be intense for high-quality affordable mortgage loans.