SIFMA tells Treasury these 8 things will spark mortgage markets

SOURCE: Mortgage News Feed

A trade group for the securities and banking industry, the Securities Industry and Financial Markets Association, is advising the Treasury that several things need to happen to wake up mortgage funding. As it stands, originations for mortgages are in the doldrums, especially when refinancings are ruled out of the numbers. One suggested, potential way to get certain sectors of the population interested in actually buying a house is to enhance funding options.

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