#mortgage-risk

[ follow ]
Real estate
fromFortune
12 hours ago

A risky mortgage instrument that helped spark the Great Financial Crisis is on the rise but 3 things are different this time around | Fortune

Adjustable-rate mortgages are resurging, offering lower initial payments but carrying reset risk; lending standards and regulatory oversight have changed since the mid-2000s.
Real estate
fromwww.housingwire.com
2 weeks ago

TransUnion warns against single credit pull for mortgages

Adopting a single-pull credit report system could reduce consumer costs but would render millions ineligible, increase borrower costs, and raise systemic mortgage-market risk.
[ Load more ]