New forms of mortgage-backed securities will arise to fill the gap in commercial financing.
Lenders will soon get comfortable with LTVs over 60-65%
"All it will take is just one lender to jump in to get the ball rolling. Someone will see a competitive edge in making 70% financing available and everyone else will start to follow. Then it will go to 75% and then 80%.”
“I doubt if we will ever get back to the days of 100% financing no matter how overheated the market gets.”