Tuesday, December 20, 2016

CoreLogic: "Mortgage loans originated in Q3 continued to exhibit low credit risk"

Some credit statistics from CoreLogic: Housing Credit Index: Third Quarter 2016 Loans originated in Q3 2016 are among the highest-quality home loans originated since the year 2001, according to the latest CoreLogic Housing Credit Index (HCI) Report . Figure 1 shows the overall Housing Credit Index from Q1 2001 through the end of Q3 2016. Higher index values indicate a higher level of credit risk for new originations and lower index values indicate less credit risk present. Compared with other loans made since mid-2009, the starting point of the current economic expansion, Q3 2016 loans are......(read more)
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