Nationstar Holdings posts $48.3M loss in first quarter

Nationstar Holdings posts $48.3M loss in first quarter

Lower servicing revenue proves heavy drag

5 things mortgage lenders need to do before TILA RESPA goes into effect

Compliance is important

Monday Morning Cup of Coffee: Home price and wage divergence raise alarms

Plus the endgame for two billion-dollar R&W settlements?
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