What is Total value of us mortgage market?

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The total stock of mortgages outstanding in the US is about $10 trillion. However, the market value of these mortgages (whether still on banks' balance sheets or securitised and embedded in RMBS (Residential Mortgage Backed Securities)) is in reality lower by $1-1.2 trillion, due to the fact that U.S. homeowners can walk away from their mortgage leaving the lender with "no recourse". In other words, book mortgage value = about $10 trillion, while actual value is more likely $8.8 trillion to $9 trillion, due to losses on foreclosures. The total stock of mortgages outstanding in the US is about $10 trillion. However, the market value of these mortgages (whether still on banks' balance sheets or securitised and embedded in RMBS (Residential Mortgage Backed Securities)) is in reality lower by $1-1.2 trillion, due to the fact that U.S. homeowners can walk away from their mortgage leaving the lender with "no recourse". In other words, book mortgage value = about $10 trillion, while actual value is more likely $8.8 trillion to $9 trillion, due to losses on foreclosures.
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If your insurance company does not want to give you Fair Market Value for your totaled car is there anything you can do to make them pay FMV?

Insurance companies will not give you the book value for a vehicle, the will give you the market value. Which means they search the classifieds for the lowest value of the vehicle and discount it again in an effort to give you their lowest price. Sue the driver of the vehicle,this will put pressure (MORE)

Can a person negotiate with an at-fault insurer to demand fair market value or full repairs for a totaled vehicle?

While it normally a tough thing to do, although there can be circumstances when the responsible party is amiable to it..and sometimes you can get a 3rd party involved to essentially get you there. The responsible party is only liable to pay for the cost of repairs up to the value of the vehicle. (MORE)

Is interest included in the total amount of a mortgage?

Answer . Usually the "bottom line" of a mortgage does not include interest. It does include closing costs and other costs involved with the mortgage, though usually not including home insurance or property tax estimates.

What are Government Sponsored Enterprises in the mortgage market?

GSEs in the Mortgage Markets . \nGovernment sponsored enterprises (GSEs) in the mortgage market are the Federal Home Loan Mortgage Corporation ("Freddie Mac"), the Federal National Mortgage Association ("Fannie Mae") and the Government National Mortgage Association ("Ginnie Mae").\n. \nThe GSEs (MORE)

What was the total value of the US housing market in 2004?

Answer . It's currently around 21 Trillion dollars, exceeding 20 trillion in 2006. In 2004 I believe it was around 19 Trillion. If you take the growth of housing prices from 1973 to 1997 and extent that curve to today, you'll get a housing value of 12.5 Trillion. Some therefore estimate that over (MORE)

When a motorcycle is totaled what is the average buy back cost percentage of fair market value?

It depends on your companies policy regarding distribution of 'salvage'. Some company policies (meaning their sops-standard operating procedures) are a set percent of the acv (actual cash value), hard to say the percent, I've seen some as low as 15% others as high as 33-1/3%, I have never seen it an (MORE)

How do you evaluate fair market value of an used car?

Answer . www.edmunds.com - Edmunds.com provides True Market ValueSM pricing, unbiased car reviews, ratings, and expert advice to help you get a fair deal. Nada.com Kbb.com Autotrader.com. Answer. You can make use of different cars classifieds online to compare used car values and pricing. (MORE)

What happens if your mortgage exceeds the house value?

If your mortgage exceeds the sale price of your property your will be subject to a "Mortgage Shortfall". If you are selling your property to move to another and the shortfall is less the 2% most high street lenders can arrange a loan for your replayment of the mortgage shortfall and will not preven (MORE)

What is fair market value on a 1924 US Liberty Coin in fine condition?

ALL coins have the word Liberty on them, and in 1924 all denominations except the cent and nickel had a picture of Miss Liberty as well, so more information is needed. Please post a new question with the coin's denomination instead. If you can locate its mint mark, please include that detail as well (MORE)

What is the total market value of the NYSE?

It's difficult to answer this question because the NYSE is made up of thousands (~3000) companies with some constantly going public or private (into and out of the NYSE). The rough total of the market at this time is $15 trillion. Source: http://money.howstuffworks.com/question241.htm

How do you get someone with dementia to make a new will and remove you as executrix and sole beneficiary They have high credit card debt a mortgage exceeding the value of the house on the market?

\n. \nSomeone with dementia is not capable of making a new will. When the testator eventually dies, you can decline to be appointed executor. The estate will be responsible for the debts. If the debts are greater than the assets the estate will be declared insolvent and the beneficiary will get no (MORE)

What is a sentence using the term market value?

Although you can pay a lot for a fancy car, its market value will decrease with age. Winning a championship can raise the market value of a professional sports team. The company was still profitable, but competition had reduced its market value.

Can you refinance while mortgage in on the market?

No you cannot.!. my experience was that we had to take the house off the market before we could get an appraisal and a new refinance of our mortgage.. also just fyi one party cannot get a mortgage on a second property either at that time. such as during a divorce. not until refinance is complete.. (MORE)

Calculating a firms total market value?

Market value or Market capitalization is the total value of all the shares of that company at the current trading day. For example, if there are 100,000,000 shares of XYZ limited and each share is trading at $5 per share, then the total market value or market capitalization of the company is $500 (MORE)

What do index values in mortgages mean?

Indexes only apply to adjustable rate mortgages (ARM). In order to determine your new interest rate on an ARM after the initial fixed rate period, the new rate is determined by adding your "base margin" (your ground zero of the loan normally 2.75%) to the current index your loan is attached to. Ther (MORE)

If cosigner of loan dies what amount will be going through probate one half the mortgage loan the paid part or the unpaid part or the market value of the home?

The answer depends on how the co-owners held title. If the property was owned as joint tenants with the right of survivorship the decedent's interest passed to the survivor automatically and doesn't become a part of the decedent's estate at all. The survivor is responsible for paying the mortgage. I (MORE)

How can i calculate value of mortgage interest deduction?

On the mortgage documents is a list of the interest payments for each year. If they are by month, you add them up. You get the year's interest payments. When you fill out your income tax forms, you put mortgage interest in the proper blank. Then you follow directions. If you use a computer program, (MORE)

You want to sell used 1870 stamp of BenjaminFranklin what is the market value of this stamp?

The United States 1-cent Benjamin Franklin design of 1870 could be any of several different issues. Consult Scott's Specialized Catalog of United States Stamps & Covers. The 2006 Scott gives a range of values from $275.00 for the grilled issue of 1870 to $1.00 for the re-engraved issue of 1883. For (MORE)

In case the mortgage balance is substantially higher than the market value of a Florida Condo does it even make sense for an association to file a lien for unpaid dues?

It all depends. If the governing documents for the association and state law indicate that assessments -- you call them dues -- are automatically liens against the title, and have a priority position ahead of any mortgage lender, then filing a lien means that the unpaid assessments can be paid fi (MORE)

Why does stock market use decimal values?

Because money uses decimal values. The stock market used to divide the price of a share into by half, fourth, eighth, sixteenth of a dollar (or pound, presumably). A fourth of a dollar is 25 cents, but an eighth is 12 and a half cents. Since we never make a purchase of a half of a cent, it was (MORE)

What value do car insurance companies use when totaling a car?

They will inspect the vehicle and then look at the value of it in the Kelly Blue Book or the National Auto Dealers Association guide to determine it's value. The insurer may also consider vehicles of like kind and quality to determine that which they are sellinf for. The insurer will compare the (MORE)

What do you use a mortgage for?

A mortgage is generally used for the purchase or improvement of real property by prudent borrowers. However, in the United States home equity mortgages have become popular. Under a home equity mortgage, the owner is enticed to use the equity they have in their home as money to play, purchase luxur (MORE)

What is the secondary mortgage market?

This market consists of investors who buy mortgages from primary lenders, such as banks and thrifts, so that the lenders can use that money to make new loans.

Are you able to take a reverse mortgage to use equity in the down payment of another home while the present home is on the market?

No. There are strict rules regarding reverse mortgages. You should check out a bridge loan. No. There are strict rules regarding reverse mortgages. You should check out a bridge loan. No. There are strict rules regarding reverse mortgages. You should check out a bridge loan. No. There are s (MORE)

What is value of homes that have no mortgage in US?

The value of a HOME, that has no mortgage has the same Real Estate market value as one which does have a MTG. The value is assessed by the market conditions at any given time. The most recent 30-90 day sold properties in the same subdivision with similar qualities would provide a current value to al (MORE)

What is the mortgage lending value?

Mortgage lending value refers to the absolute limit up to which a bank is allowed to grant loans. There is also mortgage lending value regulation which defines the mortgage lending value as a percentage of the value of a property. This is a conservative valuation which seeks to determine the long-te (MORE)

How does mortgage marketing benefit the consumer?

It helps people by providing a variety of options that one can use while navigating through the mortgage market. This benefits the consumer by ensuring that one is getting the very best deal available to them.

What is the market definition of a purchase mortgage?

A purchase mortgage is a loan that someone may take out on a property for personal use. There are many options you can use and the best way to find out what works for you is to visit your local provider and talk about your options.

What exactly are mortgage marketing postcards?

The idea behind mortgage marketing postcards is to create an original, attention grabbing, clever postcard to be sent to thousands of people in the market for a home. This idea has made over 2 million dollars in sales last year.

What does a secondary mortgage market deal with?

The term 'second mortgage market' refers to all the people who have taken a second mortgage out on a property. This market has dramatically increased in size given the recent economic conditions in the housing market.