Subscribe to the print edition of National Mortgage Professional MagazineSubscribe to our RSS feedFollow us on TwitterGet daily updates via emailJoin us on Facebook

A bitter pill for mortgage borrowers

Pill to swallow

Top banking executives said this week that it may take years for the country to see a full-fledged housing recovery -- and that a government rescue program may actually be hindering progress.

The housing market recently began another leg down, despite hopeful signs last year after the Obama administration rolled out its "Making Home Affordable" program. Home sales have dropped dramatically since some incentives expired in April. Despite homes being more affordable than ever, demand has been feeble, prices remain soft and there's more than a year of supply on the market.

Do you need to stay on top of mortgage industry news and trends?

We can HELP! We will send you a daily email with the latest headlines with free access to the full articles. And NO, we will not Spam you, sell your email address or otherwise abuse the trust you have by giving us when you provide us with your email. Sign up here to get on our list.

The Staff at National Mortgage Professional Magazine

he hottest mortgage industry headlines, featured articles and others mission critical mortgage industry stories delivered to my email inbox each day. 

My email address is . I am located in the state of  (state you are located). 


About Andrew T. Berman

Get the Mortgage News Ticker in your inbox 10:00 am EDT daily!

My email address is .

The Mortgage News Ticker is a collection of news articles, magazine stories and blog posts from around the web. The opinion expressed are those of the news sources and do not reflect that of National Mortgage Professional Magazine,, NMP Media Corp. or its affiliates.