Example collocations logo

Homeowners in sentence

151 examples of Homeowners in a sentence

The housing boom in the United States might never have reached the proportions that it did if homeowners had been unable to treat interest payments on home loans as a tax deduction.
The money came largely from selling mortgage-backed securities and collateralized debt obligations, claims against claims against American homeowners (or to be precise, only against the homes themselves, as the owners were protected by the non-recourse nature of loans).
As the flow of funds from the world to US homeowners was disrupted, house prices collapsed by 30%, and construction of new homes by more than 70%.
Laid-off construction workers tightened their belts, as did homeowners.
From 2000 through 2007, millions of American homeowners entered into mortgage contracts to finance their homes.
With roughly 25% of all homeowners with mortgages owing more than their homes are worth, the decline in house prices reflects high rates of default and foreclosure.
Most important, Latin America’s mortgage markets and homeowners are very different from those in the US.
Mexico’s “tequila crisis” of 1994-1995 forced many homeowners into default when the peso fell by 70% and interest rates soared.
In Mexico, all mortgages carry fixed interest rates, unlike the infamous “exploding ARMs” that left US homeowners ruing their choice of adjustable-rate mortgages when interest rates rose.
Americans homeowners came to treat their houses as cash machines from which they withdrew equity lines of credit for consumption instead of investment.
Ironically, then, the expanded access to mortgage lending that creates new homeowners in Latin America may end up protecting the region from the disaster that too-loose credit created in the US.
Homes are most Americans’ major retirement asset, and, despite a recent pickup, housing prices are still 28% below their 2006 peak, while 28% of all homeowners owe more on their mortgages than their property is worth.
Mexican homeowners who install energy-saving systems such as solar water heaters are becoming eligible for lower-rate “green mortgages.”
Moreover, in many countries, notably in the United Kingdom, banks lent more to homeowners than they did to businesses.
Barack Obama has outlined four conditions that ought to be imposed: an upside for the taxpayers as well as a downside; a bipartisan board to oversee the process; help for homeowners as well as the holders of the mortgages; and some limits on the compensation of those who benefit from taxpayers’ money.
The terms of mortgages need to be adjusted to the homeowners’ ability to pay.
It certainly did not serve homeowners who are losing their homes, workers who have lost their jobs, retirees who have seen their retirement funds vanish, or taxpayers who paid hundreds of billions to bail out the banks.
Whether it is enough to compensate homeowners for the wealth losses resulting from declining house prices and to prevent the impending recession remains to be seen.
This might seem like a strange idea in the immediate aftermath of a major debt-fueled financial crisis, and with many homeowners still underwater on their mortgages (they owe more than the house is worth, even if they can still afford the monthly payments).
In other words, if you fail to make your payments on time, the lender can foreclose on the loan and take possession of the property – as millions of homeowners have experienced in the last decade.
The expectation that this trend will continue has driven homeowners to retain possession of their properties, even though rental rates amount to less than 2% of a property’s market value.
As prices went up and recessionary pressures increased, many homeowners failed to pay their mortgages.
And, to be blunt, it was some of Wall Street’s biggest players, not overleveraged homeowners, who received generous government bailouts in the aftermath of the crisis.
First, it relied – once again – on trickle-down economics: somehow, throwing enough money at Wall Street would trickle down to Main Street, helping ordinary workers and homeowners.
Second, bankruptcy reform is needed to allow homeowners to write down the value of their homes and stay in their houses.
For example, if Republicans eliminated the mortgage-interest deduction for homeowners, the US housing market would crash.
This has been a big windfall to homeowners, but has hurt anyone planning to buy.
Graduates going into mortgage banking are faced with a different, but equally vital, challenge: to design new, more flexible loans that will better help homeowners to weather the kind of economic turbulence that has buried millions of people today in debt.
We did recognize a problem with our proposal: providing relief to over-indebted mortgage holders would have encountered resistance from the many homeowners who had not taken out a mortgage.
Many argued that the government should have focused on rescuing homeowners; instead, the government chose to support the banks – a policy from which the financial elite benefited the most.
BackNext