Thursday, March 28, 2024 | The Latest Buzz for the Appraisal Industry

Mortgage Denials Point to Much Tighter Market

By Tory Barringer

In a report released Tuesday, researchers at the Urban Institute (UI) say that previous “traditional” observations of mortgage denial rates (calculated by dividing the number of denied mortgages by the total number of applications) provide an inaccurate look at credit availability because they include applicants with near-perfect credit profiles—those who are unlikely to be turned down for most products, in other words.

The post Mortgage Denials Point to Much Tighter Market appeared first on theMReport.com.

Via:: Mortgage Denials Point to Much Tighter Market

      

Brent Bowen

Loosening The Knot

Something that I like to do is to research the etymology of various words. This is essential in understanding older/historical texts, so that you can

Read More »

TOP RATED PRODUCTS

5/5