Housing in places like New York, San Francisco fail more than just the locals

Caution: GSE reform could have serious unintended consequences

Guest blog by former Ginnie Mae president Joseph Murin

Monday Morning Cup of Coffee: Time to cut the MLS cord?

Plus housing metrics, the incredible shrinking GDP, and kicks are for TRIDs
W S
Lending / The Ticker

Mortgage lending standards ease for lower-risk borrowers

/ Print / Reprints /
| Share More
/ Text Size+

It became a bit easier for homebuyers to get a mortgage in the first quarter, but only ‘prime’ and ‘low-risk’ borrowers are seeing improvement, Dow Jones Newswires reported.

According to Federal Reserve data, nearly 10% of banks eased lending standards for prime and low-risk borrowers, while Americans with spottier credit histories are still struggling to gain access to mortgage credit.

 

Read full story

Recent Articles by HousingWire Staff

Comments powered by Disqus