Sentences with phrase «tighter underwriting requirements»

Newer loans are benefiting from rising property prices, tighter underwriting requirements and the lowest jobless rate in seven years, while mortgages originated before the real estate bust are still moving through foreclosure.

More stringent mortgage rules and tighter underwriting requirements have purposely slowed down the market's growth.

As a result, tighter underwriting requirements and reduced loan - to - values (LTVs) ensued.

There are many reasons for the drop in first - time buyers — strong home price appreciation, tight underwriting requirements, too - few homes for sale at affordable price points — but there's at least one bit of good news to report: The Federal Housing Administration (FHA) is making it a little easier for buyers to get federally insured financing for condominiums.

Not exact matches

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.

The federal agency also wants tighter approval requirements and greater liability for lenders and mortgage brokers who want to originate, underwrite or service FHA.

Even FHA implemented a minimum credit score requirement, so the trend for tighter underwriting guidelines appears to be in motion.

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.

The supply of homes for sale is very tight, especially starter homes, and underwriting requirements are more rigorous than they were in the past.»

Because of tighter underwriting, these deals, including the markets firest deal designed to meet risk - retention requirements, have been well received.