Items Tagged with 'mortgage credit'

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4 ways the Qualified Mortgage rule doesn’t reduce mortgage lending

Urban Institute: Rule appears small to nonexistent
When the Qualified Mortgage rule came out in January 2014, many worried that the rule would contribute to a reduction in mortgage credit availability. But that's not the case. In an updated analysis, Urban Institute housing and mortgage experts say that the rule does little to impact the availability of mortgage credit.
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MBA: Mortgage credit continues to loosen

Thanks to new conforming loan programs
Once again, mortgage credit availability trended higher, increasing in October thanks to new conforming loan programs, many of which were affordable housing programs that have lower down payment requirements.
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MBA: Mortgage credit ticks up in August

Jumbos the biggest gainers, but coventionals see small boost
Mortgage credit availability increased in August and has increased in eight of the last nine months, mainly on jumbo loan products but also on conforming conventional mortgage loans. Here's the scorecard.
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Mortgage credit availability stalled in June

Refi boomlet not enough to lift other products
Mortgage credit availability decreased in June according to the Mortgage Credit Availability Index, a report from the Mortgage Bankers Association which analyzes data from Ellie Mae’s AllRegs Market Clarity business information tool.
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