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Tag Archives: Mortgage Bank

Credit Availability Up in February

The Mortgage Bankers Association's (MBA) Mortgage Credit Availability Index, a measure of borrower eligibility and underwriting criteria from more than 85 lenders, moved up half a percentage point to 113.5 last month, building on an increase of two points recorded in January. Once again, the expansion in credit offerings in February was the result of offsetting factors, said MBA chief economist Mike Fratantoni.

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