Relevant:
- Huge Gap in Mortgage Availability: 1/3 of Americans Highly Unlikely to Qualify for a Mortgage Today, While Less Than Half Qualify for the Best Rates
- FHA Ups Loan Requirements on Riskier Borrowers
- FHA May Require 10% Down from Low Credit-Score Borrowers
- Mortgage problems are walloping Americans' credit scores
- Borrowers Take Advantage of FHA-Refinance After Inability to Sell Homes
2010-09-27 — nationalmortgagenews.com
"Approximately one-third of Americans are unlikely to qualify for a mortgage because their credit scores are too low, an analysis of 25,000 loan quotes during the first half of September on Zillow Mortgage Marketplace found."
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