Agency MBS/Secondary Activity

GSE Risk Distribution

Chart detailing share of GSE business by credit score and by loan-to-value ratio.

By quarter, chart shows percentage of business in three credit score buckets (620-699, 700-739, 740+). Also shows percentage of business in three LTV buckets (0-60, 61-80 and 81-97). Statistics provided for purchase loans, refinances and total business. Modified loans and loans with LTV greater than 97 or credit score less than 620 are excluded.

2014-4Q16 Data

Poll

With rates higher this year, there has been talk of lenders liberalizing their underwriting standards in an effort to increase volume and make up for lower refis.

Do you think your shop will loosen standards over the coming three months?

Yes, but not by much.
Yes, by a lot.
Yes and, heck, we may even do non-QM lending.
No, not at all.
No and we may even tighten credit.

vote to see results