mortgage 01Mortgage Lenders Still Wary of Non-Qualified Loan Market

 

This is a nationalmortgagenews.com article.

 

Mortgage lenders continue to remain cautious of high-risk borrowers, according to the Lenders One Mortgage Barometer survey released Monday.

Just 64% of the 200 mortgage lenders surveyed said they originate non-qualifying mortgage loans, and only 18% do so frequently. Lenders One also found that of those originating non-qualifying loans, only 51% said they are extremely or very likely to do so in 2016.

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