By Michael Neal In recent years, housing analysts have reported on the expansion in mortgage lending activity by nonbank financial institutions. Given recent activity, regulatory officials have expressed their interest in the lending activities at nonbank financial institutions. Nonbank consumer lenders can include pools such as hedge funds and they also include specialty finance companies such as auto finance companies. Another nonbank lending… Read More ›
Via:: Independent Mortgage Companies Account for Most Home Purchase Mortgage Lending
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Written by : Michael Neal
Michael Neal is a Senior Economist at the National Association of Home Builders based in Washington D.C. In this capacity, Mr. Neal’s research involves monitoring housing finance issues that impact the U.S. housing market. As a housing economist, Mr. Neal has provided expert analysis and commentary on housing to media outlets around the country. Prior to joining NAHB, Michael worked at the Congress’ Joint Economic Committee, the Federal Reserve, the Congressional Budget Office and Goldman Sachs. He holds a B.A. degree in Economics from Morehouse College, an M.P.A. from the University of Pennsylvania.