credit standards on mortgages, particularly for newer and riskier products. As lenders cut back, housing activity began to …

Nontraditonal mortgages offer potential benefits for home buyers in strong, stable housing markets. Various payment … capacity to buy using conventional financing. These mortgages typically feature lower initial monthly payments, or the option … to make lower payments for some period, compared with traditional fixed or adjustable rate mortgages. However, these …

average, banks issue safer mortgages than independent mortgage banks. Further, mortgages from banks with a branch in the local … market where the property is tend to be safer than mortgages from banks without a local branch. Changes in market shares …