New Jersey and parts of Long Island had
more nonprime mortgage activity than the national average and now has more delinquencies and foreclosures than in much of the region.
Not exact matches
It is becoming
more acceptable, especially in
nonprime segments.»
While tweaks to loan guidelines by the FHA, Fannie Mae and Freddie Mac offer opportunities to
more borrowers, consumers with
more complex financial circumstances or simply a lack of credit history can turn to «
nonprime» lenders.
«
Nonprime borrowers continue to gain
more access to credit,» said Becker in the press release.