Moody’s: Mortgage lending is getting riskier and that’s a problem

Moody’s: Mortgage lending is getting riskier and that’s a problem
For the most part, new mortgages are solid, especially considering the high credit scores; improved documentation and appraisal practices; and few loans with variable payments — regulatory restrictions on loan officer compensation arrangements would also help prevent riskier lending, Moody’s claims. But…
Source: https://www.housingwire.com/rss