iEmergent releases FHA Market Forecasts and Analytic Tools MortgagePress.comiEmergent, FHA Market Forecast, FHA lending, Purchase Mortgage Conversion Rates
iEmergent, a Des Moines, Iowa-based market research, forecasting
and advisory services firm for the financial services, mortgage and
real estate industries, has introduced its FHA Purchase Forecast to
advise lenders on where FHA lending is likely to increase rapidly,
forecast the size of the FHA lending opportunities and project
future FHA growth.
Through iEmergent's FHA analytic tools, financial institutions
can identify and quantify possible FHA lending opportunities in
various markets throughout the United States. iEmergent's FHA
Purchase Forecast is available for all geographic markets and
contains the Purchase Mortgage Conversion Rates (PMCRs), sizes of
total FHA purchase lending opportunities, FHA mortgage density and
projections of future FHA mortgage growth speeds for each
"The available product types and funding conduits have severely
narrowed, making it difficult for borrowers with very little down
payment to purchase a home, especially first-time buyers with
moderate, middle and even upper incomes," said Dennis Hedlund,
founder and president of iEmergent. "But homeownership demand and
household growth rates remain strong despite the collapse of
no-down, low-doc products, and our FHA tools enable lenders to
identify the markets where opportunities relating to the dramatic
increase in demand for FHA loan products exist."
For more information, visit www.iemergent.com.