David Stevens

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Last quote by David Stevens

This is an unprecedented crisis in the region as it relates to housing. We are not even at the point where we can evaluate the total costs, walkaways, insurance coverage, homes uninsured, jobs lost, not being able to make your mortgage payments….feedback
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Aug 30 2017
The answer is just not there. The providers of mortgage credit today haven't established the answer to that particular question. You want to encourage people to stay in their homes. You don't want to have people collect the insurance and then walk away. The determination of how to respond has not been established yet. If borrowers do walk away, are you going to enforce or write off?” said David Stevens on this article: Harvey hits mortgages as flood-stricken homeowners are unlikely to pay. This page contains 9 articles quoting David Stevens. Main topics on which David Stevens is quoted are FHA and homebuyer. In addition you’ll find 15 quotes there. All these quotes are mentioned on this page and you can filter them by date and by topics.
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David Stevens quotes

Nov 16 2016

We continue to expect strong growth in home sales and purchase volume over the next few years, given our expectations of a strong job market and favorable demographics. The decline this week likely just reflects potential buyers waiting to see whether rates will stay at these higher levels.feedback

Aug 31 2016

Entry level homebuyers typically don't deduct, don't itemize. And wealthy borrowers won't really care. [But] everybody needs to understand the American that benefits from the mortgage interest deduction is the middle-class homebuyer.feedback

Aug 31 2016

The reason the average home price is rising is we're not building enough entry-level housing stock to support this younger generation of homebuyers coming into the market.feedback

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