Mortgage lenders tightened underwriting standards in June, undoing much of the easing seen over the last six months as initial fears about the long-term impacts…
Posts published in “mortgage credit”
After adjusting for seasonal patterns, requests for purchase loans were down 3 percent from the week before and 2 percent from a year ago. Source:…
Mortgage lenders continued to ease underwriting standards in April, but only for borrowers who were refinancing. For both homebuyers and homeowners seeking to refinance, credit…
The Mortgage Bankers Association said the decrease is due to stricter lending standards and increased likelihood of loan forbearance and defaults. Source: Inman News