About Housing Mortgage
Mortgage is a debt instrument that the borrower is obliged to pay back with a fixed set of payments and is secured by the collateral of a specified real estate property. Mortgages enable individuals and businesses to make large real estate purchases without paying the entire value of the purchase in one go. Borrowers repay the loan along with interest over a period of many years until they eventually own the property free and clear. However, if borrowers stop paying the mortgage, the lender can foreclose and may evict the property’s owner and sell it, using the income from the sale to clear the mortgage debt. In a fixed-rate mortgage system, borrowers pay the same interest rate for the life of the loan. Most fixed-rate mortgages have a 15 or 30-year term. There is no influence on borrowers’ payment if market interest rates rise. However, if market interest rates decline significantly, borrowers may be able to secure that lower rate by means of refinancing the mortgage.
TechNavio's analysts forecast the Housing Mortgage market in the US to grow at a CAGR of 1.75 percent over the period 2013-2018.
Covered in this Report
This report covers the present scenario and the growth prospects of the Housing Mortgage market in the US for the period 2014-2018. To calculate the market size, the report considers the loan volume of primary housing mortgage banks, credit unions, and financial institutions. It takes into consideration the various product segments such as Home Purchase, Home Improvement, and Refinancing. The report mentions the role played by Federal Government by the way of government-sponsored enterprises operating in the system.
TechNavio's report, the Housing Mortgage Market in the US 2014-2018, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the US; it also covers the landscape of the Housing Mortgage market in the US and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
Key Regions
• US
Key Vendors
• Bank of America
• Citigroup
• JPMorgan Chase
• U.S. Bancorp
• Wells Fargo
Other Prominent Vendors
• Ally Financial
• Capital One Financial
• Fifth Third Bancorp
• Flagstar Bank, FSB
• SunTrust Banks
• Quicken Loans
• Regions Financial
Market Driver
• Improved Demand for Home Loans
• For a full, detailed list, view our report
Market Challenge
• Shrinking Lending Capacity
• For a full, detailed list, view our report
Market Trend
• Less Incidence of Foreclosures
• For a full, detailed list, view our report
Key Questions Answered in this Report
• What will the market size be in 2018 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?
01. Executive Summary
02. List of Abbreviations
03. Scope of the Report
03.1 Market Overview
03.2 Product Offerings
04. Market Research Methodology
04.1 Market Research Process
04.2 Research Methodology
05. Introduction
06. Market Landscape
06.1 Market Overview
06.2 Market Size and Forecast
06.3 Five Forces Analysis
07. Buying Criteria
08. Market Growth Drivers
09. Drivers and their Impact
10. Market Challenges
11. Impact of Drivers and Challenges
12. Market Trends
13. Trends and their Impact
14. Vendor Landscape
14.1 Competitive Scenario
14.1.1 Key News
14.1.2 Mergers and Acquisitions
14.2 Market Share Analysis 2013
14.3 Other Prominent Vendors
15. Key Vendor Analysis
15.1 Bank of America
15.1.1 Key Facts
15.1.2 Business Overview
15.1.3 Business Segmentation by Revenue 2013
15.1.4 Business Segmentation by Revenue 2012 and 2013
15.1.5 Geographical Segmentation by Revenue 2013
15.1.6 Business Strategy
15.1.7 Recent Developments
15.1.8 SWOT Analysis
15.2 Citigroup
15.2.1 Key Facts
15.2.2 Business Overview
15.2.3 Business Segmentation by Revenue 2013
15.2.4 Business Segmentation by Revenue 2012 and 2013
15.2.5 Business Strategy
15.2.6 Recent Developments
15.2.7 SWOT Analysis
15.3 JPMorgan Chase
15.3.1 Key Facts
15.3.2 Business Overview
15.3.3 Business Segmentation by Revenue 2013
15.3.4 Business Segmentation by Revenue 2012 and 2013
15.3.5 Geographical Segmentation by Revenue 2013
15.3.6 Business Strategy
15.3.7 Recent Developments
15.3.8 SWOT Analysis
15.4 U.S. Bancorp
15.4.1 Key Facts
15.4.2 Business Overview
15.4.3 Business Segmentation
15.4.4 Business Segmentation by Revenue 2013
15.4.5 Business Segmentation by Revenue 2012 and 2013
15.4.6 Business Strategy
15.4.7 Recent Developments
15.4.8 SWOT Analysis
15.5 Wells Fargo
15.5.1 Key Facts
15.5.2 Business Overview
15.5.3 Business Segmentation by Revenue 2013
15.5.4 Business Segmentation by Revenue 2012 and 2013
15.5.5 Business Strategy
15.5.6 Recent Developments
15.5.7 SWOT Analysis
16. Other Reports in this Series
List of Exhibits
Exhibit 1: Market Research Methodology
Exhibit 2: Housing Mortgage Services Providers in the US
Exhibit 3: Primary and Secondary Mortgage Market in the US 2013
Exhibit 4: Housing Mortgage Market in the US 2013-2018 (US$ billion)
Exhibit 5: New Privately-owned Housing Units in US 2009-2013 (units in thousand)
Exhibit 6: Unemployment Rate in the US 2009-2014
Exhibit 7: US Economic (GDP) Growth 2007-2013
Exhibit 8: Incidence of Foreclosure Filings in the US 2008-2013
Exhibit 9: 30-year Fixed Mortgage Rate in the US 2012 Q1-2014 Q4
Exhibit 10: Housing Mortgage Market in the US by Vendor Segmentation 2013
Exhibit 11: Volume of Mortgage Originated from the top five US Banks Q1 2012-Q12014
Exhibit 12: Bank of America: Business Segmentation by Revenue 2013
Exhibit 13: Bank of America: Business Segmentation by Revenue 2012 and 2013 (US$ million)
Exhibit 14: Bank of America: Geographical Segmentation by Revenue 2013
Exhibit 15: Citigroup: Business Segmentation by Revenue 2013
Exhibit 16: Citigroup: Business Segmentation by Revenue 2012 and 2013 (US$ billion)
Exhibit 17: JPMorgan Chase: Business Segmentation by Revenue 2013
Exhibit 18: JPMorgan Chase: Business Segmentation by Revenue 2012 and 2013 (US$ billion)
Exhibit 19: JPMorgan Chase: Geographical Segmentation by Revenue 2013
Exhibit 20: U.S. Bancorp: Business Segmentation by Net Interest Income 2013
Exhibit 21: U.S. Bancorp: Business by Revenue 2013
Exhibit 22: U.S. Bancorp: Business/Product Segmentation by Revenue 2012 and 2013 (US$ billion)
Exhibit 23: Wells Fargo: Business Segmentation by Revenue 2013
Exhibit 24: Wells Fargo: Business Segmentation by Revenue 2012 and 2013 (US$ billion)
