Kelsey Ramirez | Housingwire
New CoreLogic report tracks credit risk trends
Mortgages are safer now than they have been at any point in the last fifteen years, according to CoreLogic’s new quarterly report, the Housing Credit Index, that measures variations in home mortgage credit risk attributes over time.
In the third quarter of 2016, mortgage originations exhibited low credit risk compared to the previous quarter and the third quarter last year. In fact, the loans originated in the third quarter are among the highest quality home loans originated since 2001.