How far can lenders push the credit box?

How far can lenders push the credit box?

Watt announcement helps, but risk keeps standards tight

Warren calls for GAO investigation of nonbank servicers

Asks GAO to review “unprecedented” growth of nonbank servicers

Freddie Mac CEO: We will help increase mortgage lending

Competition among two is still competition
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Items Tagged with 'MSAS'

ARTICLES

Mortgage fraudsters are flooding these 10 markets

Where is loan applicant dishonesty increasing the most?
Jacob Gaffney
Do borrowers need to fib more on loan applications in order to get through the tightened underwriting process? Maybe, Kroll states.
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Radar Logic: Composite Price Index Gains 1.2%

Diana Golobay
A composite index of 25 major US metropolitan markets showed a 1.2% increase in house prices in April. Radar Logic's 25-MSA (metropolitan statistical area) RPX index showed the largest monthly increase since June 2007. The composite remains 20% below its year-ago level, however, and overall has plunged 32% below its peak.
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Foreclosures Driving Price Declines, Sales Volume: Report

Diana Golobay
Foreclosure sales continued to drive price declines and fueled an increase in sale transactions in key local markets across the nation during August, according to data released Friday by Radar Logic Inc., a New York-based real estate data and analytics company.
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Report: Distressed RE Nears 20 Percent of Nationwide Sales

Paul Jackson
There are motivated home sellers, and then there are motivated home sellers. In this market, that term has taken on new meaning, capturing sales made under borrower duress as well as institutional sellers looking to sell off REO properties in an effort to clear their books. And the number of motivated sellers, by most accounts, has been growing pretty dramatically, pretty much in tandem with declining property values and mushrooming foreclosure totals.
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