by Calculated Threat on 8/05/2025 11:44:00 AM
At this time, within the Calculated Threat Actual Property Publication: Q2 NY Fed Report: Mortgage Originations by Credit score Rating, Foreclosures Lower
A short excerpt:
The NY Fed launched the Q2 Quarterly Report on Family Debt and Credit score this morning. Listed here are a couple of charts from the report.
Word: The Liberty Road Economics weblog in the present day targeted on “borrower tendencies within the mortgage market throughout balances, delinquency charges, credit score scores, and geography”.
The primary graph reveals mortgage originations by credit score rating (this contains each buy and refinance). Take a look at the distinction in credit score scores within the current interval in comparison with the through the bubble years (2003 by way of 2006). Just lately there have been nearly no originations for debtors with credit score scores beneath 620, and few beneath 660. A big majority of current originations have been to debtors with credit score rating above 760.
There’s way more within the article.
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