Mortgage lenders continued to ease underwriting in December

By Inman News Feed
Add Comment Add Comment | Comments: 0 | Posted Jan. 15, 2014

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The average FICO score for mortgages closed in December was 727, down 11 points from the 2013 average and 21 points less than the same time a year ago, mortgage industry software developer Ellie Mae reports.  Back-end debt-to-income ratios (39 ...

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