THE FUTURE OF MORTGAGE CREDIT - CHANGING CHARACTER OF THE REAL ESTATE MORTGAGE MARKETS.

A conference paper is presented about the real estate mortgage market, particularly that the number of income property mortgages is increasing, savings and loan associations have become prominent in the market, which is fragmented because of location, and secondary financing has become more popular. It is noted that mortgage debt in the U.S. increased after World War II and expresses the belief that banks and insurance companies will stay in the income property mortgage market.