U.S. mortgage credit tightened in December, with availability falling across conventional and government-backed loans as lenders pulled back on risk and program offerings
Tagged: Mortgage Credit Availability
GSE leadership shakeups and policy rollbacks signal potential shifts in liquidity, credit risk, and market structure for IMBs.
Lackluster investor interest and industry consolidation are taking their toll on the market's liquidity
Mortgage Bankers Association (MBA) reports 17% decrease in applications for week ending Oct. 11
Credit standards loosen with uptick in cash-out refis and Non-QM loans, MBA reports
Latest MBA report indicates loosening credit standards
MBA releases report analyzing ICE Mortgage data
The Mortgage Credit Availability Index sees modest increase, reaching 92.9; conventional loans expand slightly, while government programs remain stable.
The numbers reflect ongoing industry consolidation and reduced loan programs.
MCAI dropped 1.7% in November.