Fannie Mae: Lenders say it's now easier to get a mortgage

SOURCE: Mortgage News Feed

Lenders witnessed an easing in lending standards across all loan types over the third quarter, according to Fannie Mae’s third quarter 2015 Mortgage Lender Sentiment Survey. The Mortgage Lender Sentiment Survey is a quarterly online attitudinal survey among senior executives, such as CEOs and chief financial officers, of Fannie Mae’s lending institution partners to track insights into lending activities and market expectations. What’s most noteworthy in the latest survey is a clear easing of credit standards by lenders.

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