Review Mortgage Lenders

American Federal Mortgage


A satirical short film taking a look at the national debt and how it applies to just one family. Watch the guy from the Ferris Bueller Superbowl ...

As Americans take on more debt, some pockets of concern

NEW YORK — After a stint of frugality, Americans have returned to their borrowing ways.

But are they getting into the kinds of debt trouble that lead to recessions?

U.S. consumers now owe roughly $12.73 trillion to banks and other lenders for mortgages, car loans and credit card spending, according to the New York Federal Reserve. That exceeds even the total before the last financial crisis.

Economists generally say people's willingness to borrow is a good thing because it shows they're more confident about their financial futures. And the economy is in far better shape than a decade ago, when economists called the debt unsustainable and the housing market crashed. That's not the concern now.

“Some of us are worried that consumers are going back into old habits, but the consumer is in a much different position before the financial crisis and even before in the late 1990s,” said Ryan Sweet, an economist with Moody's Analytics who is not related to the AP reporter.

Part 1: Is American housing policy back to historic crossroads?

In fact, many critical elements of housing policy such as GSE reform or the very existence of the CFPB are seemingly stalled in some kind of state of suspended animation. With the current administration making it clear that housing policy is not at the top of the agenda, this may continue for some time.

A crossroads in American housing policy?

In fact, the sense I get from the mortgage and real estate industry today is one of uncertainty. The administration’s openly stated opposition to regulatory overreach is, to this point, just that:  statements in opposition. However, this has been enough to create a kind of chilling effect, to some degree—at least where new regulation seems to be concerned. Similarly, although GSE reform has made its way to the surface of Congressional discussion at times, it is certainly not dominating the headlines or the agenda.

All the while, lenders and service providers alike are making hay as the sun shines. Origination volume is down a bit, but there is still plenty of opportunity for those hustling to make inroads with purchase mortgages. It is against this backdrop that I suggest now is the perfect time for the American people and its government to ask a few introspective questions about our housing policy. 

American Federal Mortgage Corporation?

Does anyone have any experience with the American Federal Mortgage Corporation?

go to ripoffreport.

Оператор "Триколор ТВ" - трижды лауреат премии "Большая цифра" в категории "Компания-оператор"