DEVELOPMENTS IN REAL ESTATE FINANCING
Over the past decade there have been several major changes in real estate financing. The industry is currently undergoing a traumatic transition, particularly in the area of housing finance. The end result will likely be a dramatically altered way of doing business, for both the borrower and the lender. Government policies toward home ownership, lender attitudes toward mortgage investments, and the methods used to finance housing will all undergo changes. This section briefly explains several of the changes so that the reader can better understand the changing environment in which financing decisions are made.
