Sentences with phrase «tighter underwriting standards»

However, some consumers are finding more stringent lending standards for getting a mortgage a roadblock to home ownership, and some housing experts have blamed tighter underwriting standards in recent years for continuing to hold back the housing market.

«Credit profiles that fail to meet tighter underwriting standards are conditions that continue to work against first - time home buyers,» according to the report.

Mortgages originated in 2010 - 11 have 90 - day default rates that were lower than any vintage since 2005, before the housing crash and the implementation of tighter underwriting standards.

Sure, they took advantage of the market by implementing tighter underwriting standards (thus lowering LTVs) and were able to increase pricing, but it was still business as usual.

The combination of historically low interest rates and tighter underwriting standards on senior loans has made mezzanine debt highly attractive to borrowers.

The reason: Tighter underwriting standards will shrink the pool of qualified borrowers, stretching out the amount of time it'll take to absorb housing inventory.

The rising long - term rate, coupled with tighter underwriting standards, will ultimately drive up financing costs and could dampen buyout activity.

Tighter underwriting standards, rising interest rates, and intensifying rating agency and bond buyer...

Tighter underwriting standards on senior loans have also helped fuel demand in the mezz market.

Today, financials are less levered, they have tighter underwriting standards, and most importantly, they do not seem likely to face another crash in real estate prices.

Refinancing rates are so low because most lenders require applicants to meet tight underwriting standards.

Some of the decline in the affordability index could be the result of a loss in some more modest priced home sales as tight underwriting standards have limited the purchases by moderate income families.»

Not exact matches

Moreover, even if consumers wanted to borrow, credit availability is still constrained and underwriting standards remain relatively tight.

Given the way lenders screwed around with underwriting standards in the private sector there's little reason to believe that tighter FHA loan guidelines — holding lenders to higher standards — is not without merit.

Aside from the tighter loan requirements and stricter underwriting standards, people may be interested to find out the average FICO for FHA transactions remained steady at 683.

Underwriting standards are tighter than for many other secured cards.

While prices have come down somewhat, underwriting standards are becoming tighter.

Oher segments in the news video look at the drop in first - time buyers, as underwriting standards and inventories of entry - level homes remain tight, and what to expect this week in San Diego, which is hosting NAR's 2015 Conference & Expo.

The bad news is that underwriting standards remain excessively tight, while renters are getting squeezed by higher rents.»

According to Fannie Mae, roughly nine out of 10 people under the age of 45 expect to buy a home in the future, but Belsky said mortgage underwriting standards are dramatically tighter, which disproportionately impacts minorities and those with lower incomes.

Lenders underwriting to a tighter standard of the «Qualified Mortgage» are entitled to a presumption that the creditor making the loan satisfied the ability - to - repay requirements.

Lending and underwriting standards today are extremely tight.

The QM rule codifies tighter higher underwriting standards that lenders have implemented since 2006 that deny loans to borrowers who can not demonstrate their ability to repay.

«Record - low mortgage interest rates clearly are helping many home buyers, but tight inventory and restrictive mortgage underwriting standards are limiting sales,» says Lawrence Yun, the NAR's chief economist.

Underwriting standards have been getting tighter and borrowers» costs are going up.