Home lending hit 16-year low in 2011: regulators

Home lending hit 16-year low in 2011: regulators

New York City : NY : USA | Sep 18, 2012 at 10:23 AM PDT
Source: International Business Times
Views: Pending
The volume of home lending dropped 10 percent last year to the lowest level since 1995, highlighting the government's uphill battle to prop up the still-struggling housing sector. The Federal Financial Institutions Examination Council, a group of U.S. regulators, published data on Tuesday showing... FULL ARTICLE AT International Business Times
  • Clear
  • Share:
  • Share
  • Clear
  • Clear
  • Clear
  • Clear
  • Credibility
  • Wait... Flag

News Stories

  • US home mortgage lending hit 16-year low in 2011

      Merced Sun-Star
    Home mortgage lending in the United States fell last year to the lowest level in 16 years, a reflection of the weak housing market. The number of home mortgages issued last year dropped more than 10 percent, to about 7.1 million from 7.9 million in...
  • Mortgage Lending Slid to 16-Year Low in 2011

      Asian Wall Street Journal
    U.S., falling to a 16-year low as the housing market struggled to recover and refinancing activity slowed, U.S. regulators said Tuesday. The number of home loans issued tumbled 10% in 2011 to 7.1 million, the lowest level reported under the Home...

More From Allvoices

Most Commented Reports

Use of this site is governed by our Terms of Use Agreement and Privacy Policy.

© Allvoices, Inc. 2008-2014. All rights reserved. Powered by PulsePoint.