Here’s “clear evidence” the credit box is way too tight

Borrowers who took out mortgages in the past five years are better at paying their mortgages than any other group of mortgage borrowers in history. But this squeaky-clean performance isn’t a good thing, according to the Urban Institute. In a new blog post, the tank posits that the interesting data shows the severity of how tight the credit box is. …read more

From:: Real Estate Wire