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Lenders Raise Standards

April 20, 2020

As the country struggles through the economic impact of the coronavirus, numerous mortgage companies have raised their lending standards to protect both borrowers and themselves. Now, one of the largest mortgage lenders in the country is joining that list. JPMorgan Chase last week increased its minimum lending standards to require nearly all borrowers to have at least 20% down to […]

Filed Under: CVAR Connect, Government Affairs, Industry News Tagged With: #Cvarmember, #jobmarketduringcoronavirus, #Mortgagelendingpractices, cvarconnect, HousingWire, Mortgage lenders

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