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Secondary mortgage market stays below 1988 levels, mirroring sluggish home sales. (Los Angeles-based S&Ls)
- Article from:
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Los Angeles Business Journal
- Article date:
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August 6, 1990
- Author:
- Blackman, Peter F.
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Copyright informationCOPYRIGHT 1990 CBJ, L.P. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Secondary mortgage market stays below 1988 levels, mirroring sluggish home sales
The sale of mortgage loans by Los Angeles-based savings and loan associations has picked up recently, following a major slump last year. However, such sales have yet to attain 1988 levels.
The ebb and flow of sales activity does not reflect fluctuations in demand, which has more or less remained buoyant throughout this period, according to Ken Portz, senior vice president at CalFed, Inc.
Rather, declining sales are part and parcel of a slower real estate market, said Sam Lyons, senior vice president at Great Western Financial.
With fewer home buyers taking out mortgages, there are ...
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Second Chances.(secondary market for collectibles)
Gifts & Decorative Accessories;
February 1, 2001 ;
Schwartz, Meredith;
787 words
...The pros and cons of adding secondary market pieces to your collectibles offerings Selling secondary market collectibles can be a great way to...important venue when it comes to selling secondary market collectibles is your store. If you...
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Secondary market is key for VCTs: poll.
Financial Adviser;
October 18, 2007 ;
261 words
......trust managers' involvement in the secondary market, according to the Association of Investment...survey said the development of a VCT secondary market was an important issue for the sector...taking the view that an effective secondary market could be developed within the next...
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SECONDARY MARKET IN SMALL BUSINESS LOANS:RICHARD E. WISE
Congressional Testimony;
September 23, 1998 ;
724 words
......the Small Business Administration' s secondary market for 7(a) guaranteed loans. My name...and by far the most active, is the secondary market for guaranteed portions. The second...must take care to understand which secondary market is being discussed. For today's hearing...
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A first look at the secondary market
ELT;
June 1, 2001 ;
McCabe, Stephen J;
787 words
......surprising ways. They don't call it the secondary market for nothing. In the minds of most...little empirical data exist on the secondary market for leases. Yet, anecdotally at least, the secondary market plays a large role in the industry...
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Secondary market isn't just for megabanks. (includes related article; Real...
ABA Banking Journal;
May 1, 1992 ;
Leininger, Tom;
787 words
......community bankers, the secondary market has acquired an off-putti...originate loans for the secondary market both efficiently...experience that fixed-rate mortgages can be...exchanging adjustable-rate loans for fixed-rate loans, underscores the importance of a ...
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VCT managers believe a secondary market is vital.
Investment Adviser;
October 15, 2007 ;
233 words
......managers believe it is important that a secondary market is developed, but are divided about...VCT managers thought developing a secondary market was feasible, however 37 per cent...be difficult. The managers said a secondary market's key benefits would include allowing...
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SECONDARY MARKET IN SMALL BUSINESS LOANS:CLARKE H. ULMER
Congressional Testimony;
September 23, 1998 ;
787 words
......Services Corp. with respect to the secondary market in the guaranteed portions of loans...Agent ( FTA ) for the Section 7(a) Secondary Market Program. As FTA, we provide the essential...performed for asset backed securities. A secondary market is developed as investors and dealers...
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ABA Recognition Signals Tipping Point for Secondary Market for Life...
PR Newswire;
March 12, 2004 ;
494 words
......Pa., March 12 /PRNewswire/ -- The secondary market for life insurance is pro-competitive...article entitled The Benefits of a Secondary Market for Life Insurance Policies in the...legal community's acceptance of the secondary market as an option for consumers. The study...
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Saving in the secondary market: for budget-conscious procurement officers,...
Government Procurement;
August 1, 2007 ;
Serra, Joe;
787 words
......Gartner Group estimates that the secondary market for networking equipment and accessories...of $2 billion to $3 billion. As the secondary market continues to grow and budget pressures...issues, agencies now are turning to the secondary market to buy up-to-date technology at a...
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What If No Secondary Market?(fixed rate mortgages)(Brief Article)
Credit Union Journal;
November 15, 2004 ;
125 words
......fixed-rate mortgages off to the secondary market is a great idea-but what if you don't have a secondary market? That was the question from a...from Barbados, where no such secondary market exists. The mortgage portfolio...
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Expanded services and a new look for Secondary Market Network
Community Banker;
September 1, 2001 ;
Haynie, Ron;
787 words
...Are community banks committed to the secondary market for the long haul? Or will portfolio...community banks sell loans in the secondary market, and that in the rising interest rate...have probably greatly increased their secondary market activity this year in response to...
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Secondary market for VAs is emerging; Advisers are wary but willing to...
Investment News;
December 13, 2004 ;
787 words
......the annuity to a gradually expanding secondary market. Insurers and industry observers...have expressed reservations about the secondary market, noting that it may prevent consumers...Washington, Pa., has been offering a secondary market for variable annuities since March...
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Call for secondary market: the secondary market for home mortgages is...
Builder;
March 1, 2003 ;
Farnsworth, Christina B.;
787 words
......portfolios rather than being sold on the secondary market, periodic regional shortages of funding...costs to consumers. Because a strong secondary market for mortgages is a proven tool for...work toward the creation of a similar secondary market for residential land acquisition...
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An empirical analysis of the secondary market pricing of the LDC...
International Advances in Economic Research;
February 1, 2006 ;
Kazemi, Hossein S. Ogus, Ayla;
212 words
...The secondary market price for less developed countries' (LDC...factors that affect the discount on the secondary market. LDC debt trades at a substantial discount on the secondary market. This paper investigates the determinants...
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