For years, the mortgage industry has complained about the rising cost of pulling credit. Those complaints weren’t imaginary. The Mortgage Bankers Association told Congress earlier this year that its members had experienced four consecutive years of significant...
There are borrowers in America who can responsibly repay a mortgage and still do not fit neatly into the underwriting box we built for them. Anyone who has spent time in mortgage lending has seen this. A self-employed business owner may have substantial cash flow but...
Pending Home Sales Slide to Nearly Three-Year Low as Buyers Pull Back
