#Lending #Standards #Loosened Last Month

by | Feb 13, 2021 | Mortgages and Mortgage Loan News

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— Massachusetts Buyer’s Agents serving home buyers in Massachusetts. Buyer brokers real estate agents dedicated to homebuyers and first time homebuyers buying condominiums, townhomes, homes and real estate in Massachusetts cities and towns using buyer's brokers and buyers agents.

#Lending #Standards #Loosened Last Month

Lending Standards Loosened Last Month

Lending standards overall loosened during January, the Mortgage Credit Availability Index (MCAI) from Mortgage Bankers Association (MBA) and Ellie Mae indicates. A decline in the MCAI indicates that lending standards are tightening, while increases in the index are indicative of loosening credit. The MCAI is calculated using several factors related to borrower eligibility (credit score, …

The post Lending Standards Loosened Last Month appeared first on theMReport.com.

 
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Article From: "Christina Hughes Babb"   Read full article

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