Is Mortgage Credit Really Too Tight Since COVID-19?

September 14, 2020

HousingWire, Sept. 14, 2020–Logan Mohtashami
At the end of the day more than 93% of the purchase loans that could have closed during the period of the record-breaking expansion still would have closed during the early part of the COVID crisis. This is because after 2010, the loan profiles of mortgage seekers before and during the COVID crisis have been, in a word, excellent– the best loan profiles that I have ever seen in my 24 years of lending experience.
https://www.housingwire.com/articles/is-mortgage-credit-really-too-tight-since-covid-19/