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Are Some Borrowers ‘Self-Sidelining?’

June 20, 2016

Credit standards for loans have tightened, but at the same time, oddly enough, there has been a drop in loan denial rates. CoreLogic economist Archana Pradhan believes some would-be borrowers–who may fear tighter qualification standards–are self-sidelining from applying for a loan. In 2014, single-family purchase loan applications totaled 4.6 million. That is down 60 percent […]

Filed Under: At A Glance, CVAR News, Industry News Tagged With: Archana Pradhan, borrowers, CoreLogic, credit scores, cvar.net, cvarconnect.com, self-sidelining

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