DTI

Why Have Lenders Changed Underwriting Standards?

The mortgage interest rate—it has repeatedly been reported—is at a record low and purchase loan application data indicates tremendous demand for home buying, according to the data analysts at CoreLogic, which in an article published Wednesday, compared the credit attributes for conventional conforming loans in Q2 of 2020 to the same quarter last year. “Loan … The post Why Have …

Read More »

DTI’s Ties to Default Rates

The FHA has signaled that it may tighten credit, noting that the debt-to-income (DTI) ratio for FHA-insured loans has been consistently increasing for six years. In a new report, find out just how much DTI impacts defaults and repayments. The post DTI’s Ties to Default Rates appeared first on DSNews.

Read More »