Encouraging signs that mortgage credit is easing | Inman News

 

Are lending standards really starting to loosen up this spring, as some mortgage industry experts suggest? Or are the underwriting and appraisal nightmares that began in 2008 still haunting home buyers and interfering unfairly with real estate transactions?

When I talk to Realtors, what I hear is what we’ve all observed for years: Mortgage underwriting, FICO scores, debt-to-income ratios, loan-level pricing add-ons — the whole home loan process — are way too strict.

Encouraging signs that mortgage credit is easing | Inman News.

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