Mortgage Lenders Demand Higher Credit Scores as Coronavirus Threatens the Housing Market
Philadelphia Inquirer, Apr. 23, 2020–Natalie Campisi
Mortgage lenders are battling economic uncertainty by raising minimum credit scores, requiring higher down payments, triple-checking employment status, and even eliminating certain loan types altogether. (MBA mention)
https://www.inquirer.com/business/loans-residential-trends-credit-requirements-scores-mortgages-homes-20200423.html