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Uh-Oh: High-Risk Home Loans Are On The Rise Again – Credit-challenged buyers with high-risk loans have flooded the market, as evidenced by a correlation between higher mortgage risk indexes (a measurement of default risk) and higher home price.
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New mortgage stress test rules have borrowers flocking to. – Mortgage brokers say the borrower rejection rate from large banks and traditional monoline mortgage lenders has gone up as much as 20 per cent after Canada’s banking regulator imposed a new stress.
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Equifax launches lead generation tool for mortgage lenders. – Equifax has launched a lead generation tool for mortgage lenders that it says will help users predict the likelihood that a lead will turn into a sale within the next two to six months. The.
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