http://blogs.wsj.com/economics/2015/11/02/in-mortgages-here-we-go-again-not-quite/?mod=trending_now_3
Real-estate-data firm Black Knight Financial Services said that in
August 21% of mortgages to buy homes--as opposed to refinances--went to
borrowers with credit scores below 700. That was down from 24% in August
2014 and from 40% in August 2005. The lack of activity from
lower-credit borrowers presents a puzzle for federal regulators and
mortgage lenders, which have worked for nearly two years to ease
mortgage access. It also shows the weak base underpinning today's
housing market.''
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