Sentences with phrase «extraordinarily tight credit»

For credit markets, default rates are low, but extraordinarily tight credit spreads largely already reflect that fact.

Not exact matches

A research paper recently published by the Urban Institute classifies today's credit environment as «extraordinarily tight» — so tight, in fact, that more than one million mortgages were lost in 2015, the majority of which would have gone to homebuyers with credit scores below 660.

«The problem isn't with interest rates, but with the continuation of unnecessarily tight credit standards that are keeping many creditworthy buyers from getting a loan despite extraordinarily low default rates over the past two years.»