Scotsman Guide > News > August 2015 > News Story

 Enter your e-mail address and password below.


Forgot your password? New User? Register Now.

News Archives

Subscribe icon Subscribe to our weekly e-newsletter, Top News.

Credit eases on conventional and jumbo loans

Mortgage credit loosened in July, led by an easing of standards for conventional and jumbo loans, the Mortgage Bankers Association (MBA) reported on Thursday.

MBA’s Mortgage Credit Availability Index increased 2.9 percent to 125.5 in July.

The index, which is based on Ellie Mae data, was benchmarked at 100 in March 2012 when credit was considered tight. A rising index indicates that credit is loosening.

“Credit availability increased in July, mainly driven by higher-balance loan programs,” said MBA Chief Economist Mike Fratantoni in a report. “Many investors are fine tuning their cash-out refinance requirements to meet increasing borrower demand for home equity financing. Some investors increased the availability of low down payment loans.”

Conventional and jumbo loans saw the greatest loosening, with increases of 5.2 percent and 4.7 percent, respectively. The index measuring government loans was up 0.9 percent, and conforming loans were up 0.4 percent. 


Questions? Contact at (425) 984-6017 or

Get the latest news and articles from Scotsman Guide straight to your inbox.

Send me the following e-mails:

Learn more about Scotsman Guide e-mails

Thank you for signing up to receive e-mails from Scotsman Guide.

A confirmation e-mail has been sent to the address you provided.

For questions regarding your e-mail subscriptions please contact or call (800) 297-6061.

Fins A Lender Post a Loan
Residential Find a Lender Commercial Find a Lender
Follow Us:Visit Scotsman Guide Facebook pageVisit Scotsman Guide LinkedIn pageVisit Scotsman Guide Twitter page


© 2019 Scotsman Guide Media. All Rights Reserved.  Terms of Use  |  Privacy Policy