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The conforming loan share dropped by 1.5% between November and December, with the 51% share representing the lowest level since Optimal Blue began tracking the metric in 2018.
The country has a small non-conforming sector populated by lenders such as GE Money Bank Mortgages and Unión de Créditos Imobiliaros – the latter having funded its business in the securitization ...
Delinquencies on prime and non-conforming UK mortgages and on credit cards are rising as lending conditions tighten and the economy weakens, Standard & Poor's said in reports on bonds backed ...
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