The devil is in the mortgage finance reform details

The devil is in the mortgage finance reform details

On the bumpy road to a common securitization platform

Housing shouldn’t look at any color but the color of money

People with bad credit and bad habits should be squeezed out of housing

Who is Nat Hardwick?

Former LandCastle Title CEO owns NASCAR team, rubs elbows with PGA pros
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