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Unconventional Loans on Rise, but Differ From 2008

November 18, 2019

In 2018, the number of unconventional mortgages increased to the highest level since the mortgage meltdown in 2008. Unconventional mortgages include subprime loans, which are made to borrowers with blemished credit; loans made to borrowers without a Form W-2 or other standard documents; and other loans that don’t meet the standards set by the Consumer […]

Filed Under: At A Glance, Government Affairs Tagged With: #CVARataglance, Kiplinger's, lenders, Morning Call, mortgage securities

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