Tuesday, June 20, 2017

CoreLogic Reports Mortgage Credit Risk Edges Up Slightly

—Credit Risk for New Loans Similar to Early 2000s— Shift to a higher percentage of home-purchase loans over refinance loans increased credit risk Higher share of investor, condo/co-op purchases and lower-documentation lending increased credit risk slightly, offsetting the lower risk of other underwriting metrics CoreLogic ® (NYSE: CLGX), a leading global property information, analytics and data-enabled solutions provider, today released its Q1 2017 CoreLogic Housing Credit Index (HCI ™ ) which measures trends in six home mortgage credit risk attributes.......(read more)
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