Monday, November 5, 2012

Topic #7: Overview of Real Estate Finance

There are many career opprotunities that involve real estate financing. The major originators of real estate loans include mortgage bankers, commercial banks, savings institutions, and credit unions. However, you do not have to work just on the origination side of real estate financing, you can also work with agencies like Freddie Mac, Fannie Mae or the Veteran's Affairs offices which all work to make accessibility to loans easier. To find out more career information in real estate financing visit this link.

The real estate markets definitely took a huge downturn following the 2008 mortgage backed securities dilemma. Foreclosure levels have been up all over the country. Much of this was due to predatory and bad lending practices. Much of the problems stemmed from those practices have been reformed, and in many states like Texas the housing market is still doing quite well.  Time will tell, but I expect that even the markets that are all in a shambles in California will eventually be back to their pre-2008 levels, and as long as regulators monitor the lending practices of institutions situations like those of 2008 can be avoided again.



No comments:

Post a Comment