According to DBRS, the standards for originating a prime loan in 2011 are very conservative. Indeed, the criteria is extremely similar to some aspects that [...]
Monday, June 20, 2011
Prime mortgages originated in 2011 mirror proposed QRM: DBRS
Many in the housing industry fear the qualified residential mortgage will hinder origination levels. However one credit ratings agency found those seemingly arduous standards are common in today's tighter credit environment.
According to DBRS, the standards for originating a prime loan in 2011 are very conservative. Indeed, the criteria is extremely similar to some aspects that [...]
According to DBRS, the standards for originating a prime loan in 2011 are very conservative. Indeed, the criteria is extremely similar to some aspects that [...]
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