Thursday , 1 October 2020

Lender Survey: Credit Scores Matter, Often More than Downpayment Amounts

By xhevrije

In their “Eye on Housing” blog, the National Association of Builders (NAHB) broke down the findings of the April 2015 Senior Loan Officer Opinion Survey (SLOOS), conducted by the Federal Reserve Board. In the survey, banks were asked questions that attempted to judge how they were responding to GSE guidelines issued on November 20, 2014 on life-of-loan representation and warranty exclusions.

The post Lender Survey: Credit Scores Matter, Often More than Downpayment Amounts appeared first on theMReport.com.

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