credit standards

July 24, 2019

Loose Credit Standards Reach Post-Housing Crisis High

As purchase applications stalled this spring despite low mortgage rates, lenders continued to loosen credit standards in May, according to the Mortgage Bankers Association. Mortgage credit […]
August 13, 2018

Mortgage Default Risk Climbs Steadily

The risk of mortgage defaults reached its highest point since the second quarter of 2015 as lenders loosen credit, according to VantageScore.  With mortgage rates trending […]
April 23, 2018

Rising Home Prices Push Borrowers Deeper Into Debt

More Americans are stretching to buy homes, the latest sign that rising prices are making homeownership more difficult for potential buyers.  Roughly 1 in 5 conventional […]
April 19, 2018

Credit Risk at Highest Level since 2013

Lenders are slowly easing their credit standards as credit risk hit its highest level since 2013, according to the latest Housing Credit Availability Index (HCAI) from […]
July 11, 2016

Subprime Decline: Millions of Consumers Boost Scores

The share of U.S. adults with credit scores that are considered “subprime” fell to 20.7% in April, the 6th consecutive year-over-year decline and the lowest level since at […]
July 16, 2014

Why is the Housing Recovery So Slow?

From tight credit conditions to empty nesters, there is a litany of problems weighing on the housing market, as summarized in the minutes of last month’s […]