“For the first time in seven quarters, mortgage lenders are reporting an easing of lending standards across all loan types, according to Fannie Mae’s third-quarter 2015 Mortgage Lender Sentiment Survey.
According to the government-sponsored enterprise’s (GSE) August poll of senior mortgage executives, lenders are becoming more comfortable with the GSEs’ updated guidelines intended to provide them greater certainty regarding representations and warranties, as well as the heightened regulatory and compliance environment.
They may also be removing credit overlays, according to the survey.”
Planning to buy or sell soon?
Check out more real estate tips or contact me for advice:
James Button | Realtor
Keller Williams Integrity Real Estate
303-547-4776
james@jamesbuttonco.com